Trust Co. of Vermont Trims Stock Position in Vanguard Mega Cap Growth ETF $MGK

Trust Co. of Vermont lessened its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 57.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 112 shares of the company’s stock after selling 150 shares during the quarter. Trust Co. of Vermont’s holdings in Vanguard Mega Cap Growth ETF were worth $41,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in MGK. Assetmark Inc. raised its holdings in shares of Vanguard Mega Cap Growth ETF by 3.5% during the first quarter. Assetmark Inc. now owns 7,716,979 shares of the company’s stock worth $2,383,620,000 after purchasing an additional 258,515 shares during the last quarter. Praetorian Wealth Management Inc. raised its holdings in shares of Vanguard Mega Cap Growth ETF by 20,186.0% during the second quarter. Praetorian Wealth Management Inc. now owns 152,145 shares of the company’s stock worth $55,710,000 after purchasing an additional 151,395 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Vanguard Mega Cap Growth ETF by 12.7% during the first quarter. Ameriprise Financial Inc. now owns 805,119 shares of the company’s stock worth $248,910,000 after purchasing an additional 90,984 shares during the last quarter. Wellington Management Group LLP purchased a new position in shares of Vanguard Mega Cap Growth ETF during the first quarter worth $24,178,000. Finally, Private Advisor Group LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 253.4% during the first quarter. Private Advisor Group LLC now owns 25,685 shares of the company’s stock worth $7,934,000 after purchasing an additional 42,433 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of Vanguard Mega Cap Growth ETF stock opened at $403.68 on Friday. The firm has a fifty day moving average price of $389.42 and a 200 day moving average price of $354.24. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $406.88. The stock has a market cap of $30.92 billion, a PE ratio of 37.33 and a beta of 1.11.

Vanguard Mega Cap Growth ETF Profile

The Vanguard Mega Cap Growth ETF (MGK) is an exchange-traded fund that is based on the CRSP US Mega Growth index. The fund tracks the CRSP US Mega Cap Growth Index. The index selects stocks from the top 70% of investable market capitalization based on growth factors. MGK was launched on Dec 17, 2007 and is managed by Vanguard.