Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Sold by BHK Investment Advisors LLC

BHK Investment Advisors LLC lowered its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 88,607 shares of the company’s stock after selling 2,698 shares during the period. Vanguard Mega Cap Growth ETF makes up about 11.4% of BHK Investment Advisors LLC’s investment portfolio, making the stock its largest holding. BHK Investment Advisors LLC owned approximately 0.13% of Vanguard Mega Cap Growth ETF worth $30,429,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. FMR LLC raised its stake in Vanguard Mega Cap Growth ETF by 12.7% during the 3rd quarter. FMR LLC now owns 23,961 shares of the company’s stock valued at $7,714,000 after purchasing an additional 2,704 shares during the period. Oppenheimer & Co. Inc. lifted its stake in shares of Vanguard Mega Cap Growth ETF by 14.5% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,202 shares of the company’s stock valued at $387,000 after purchasing an additional 152 shares during the last quarter. Wedmont Private Capital lifted its position in shares of Vanguard Mega Cap Growth ETF by 8.6% in the fourth quarter. Wedmont Private Capital now owns 811 shares of the company’s stock worth $276,000 after buying an additional 64 shares during the last quarter. Ameritas Advisory Services LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 131.7% in the 4th quarter. Ameritas Advisory Services LLC now owns 37,676 shares of the company’s stock worth $12,938,000 after purchasing an additional 21,417 shares during the last quarter. Finally, Stifel Financial Corp lifted its stake in shares of Vanguard Mega Cap Growth ETF by 8.5% in the third quarter. Stifel Financial Corp now owns 193,618 shares of the company’s stock worth $62,340,000 after buying an additional 15,201 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

MGK stock opened at $344.25 on Tuesday. The company has a 50-day moving average of $349.39 and a two-hundred day moving average of $333.86. Vanguard Mega Cap Growth ETF has a 52-week low of $266.99 and a 52-week high of $358.64. The stock has a market capitalization of $25.28 billion, a price-to-earnings ratio of 41.72 and a beta of 1.13.

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.