HUB Investment Partners LLC Reduces Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

HUB Investment Partners LLC lowered its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,966 shares of the company’s stock after selling 159 shares during the quarter. HUB Investment Partners LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $2,049,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. VSM Wealth Advisory LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $352,000. Brooklyn FI LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $3,640,000. Mystic Asset Management Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $275,000. Dopkins Wealth Management LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 407.5% in the fourth quarter. Dopkins Wealth Management LLC now owns 5,715 shares of the company’s stock valued at $1,963,000 after purchasing an additional 4,589 shares during the period. Finally, Gray Wealth Management Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 1.5% in the fourth quarter. Gray Wealth Management Inc. now owns 4,572 shares of the company’s stock valued at $1,570,000 after purchasing an additional 67 shares during the period.

Vanguard Mega Cap Growth ETF Trading Down 0.2 %

Vanguard Mega Cap Growth ETF stock opened at $314.83 on Friday. The firm’s 50 day simple moving average is $339.85 and its 200 day simple moving average is $334.93. The firm has a market capitalization of $23.07 billion, a PE ratio of 36.87 and a beta of 1.15. Vanguard Mega Cap Growth ETF has a 1-year low of $266.99 and a 1-year high of $358.64.

About Vanguard Mega Cap Growth ETF

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.