Forum Private Client Group LLC Has $3.54 Million Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Forum Private Client Group LLC reduced its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 5.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,296 shares of the company’s stock after selling 540 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for 1.6% of Forum Private Client Group LLC’s holdings, making the stock its 19th biggest holding. Forum Private Client Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $3,536,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. World Investment Advisors LLC lifted its position in Vanguard Mega Cap Growth ETF by 36,249.8% during the third quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock worth $204,331,000 after purchasing an additional 632,921 shares during the period. Proficio Capital Partners LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 34,241.0% during the 4th quarter. Proficio Capital Partners LLC now owns 393,204 shares of the company’s stock worth $135,030,000 after acquiring an additional 392,059 shares during the period. Strategic Financial Concepts LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $82,803,000. Raymond James Financial Inc. bought a new position in Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $79,888,000. Finally, LPL Financial LLC raised its position in Vanguard Mega Cap Growth ETF by 14.5% during the fourth quarter. LPL Financial LLC now owns 1,080,875 shares of the company’s stock valued at $371,183,000 after purchasing an additional 136,586 shares in the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA MGK opened at $277.82 on Friday. The business has a fifty day moving average price of $332.04 and a two-hundred day moving average price of $335.28. The stock has a market capitalization of $20.25 billion, a PE ratio of 35.83 and a beta of 1.15. Vanguard Mega Cap Growth ETF has a fifty-two week low of $266.99 and a fifty-two week high of $358.64.

Vanguard Mega Cap Growth ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a dividend of $0.3397 per share. This is an increase from Vanguard Mega Cap Growth ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Thursday, March 27th.

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.