Davidson Trust Co. Has $292,000 Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Davidson Trust Co. lessened its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 11.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 850 shares of the company’s stock after selling 110 shares during the quarter. Davidson Trust Co.’s holdings in Vanguard Mega Cap Growth ETF were worth $292,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pittenger & Anderson Inc. increased its position in shares of Vanguard Mega Cap Growth ETF by 25.0% in the fourth quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock valued at $52,000 after acquiring an additional 30 shares during the last quarter. Gateway Wealth Partners LLC raised its position in Vanguard Mega Cap Growth ETF by 0.9% during the third quarter. Gateway Wealth Partners LLC now owns 3,361 shares of the company’s stock worth $1,082,000 after acquiring an additional 31 shares in the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in Vanguard Mega Cap Growth ETF by 1.7% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 1,941 shares of the company’s stock valued at $667,000 after acquiring an additional 33 shares during the last quarter. Strategic Blueprint LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 2.2% in the 3rd quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock valued at $622,000 after acquiring an additional 42 shares during the period. Finally, First Financial Bankshares Inc increased its stake in shares of Vanguard Mega Cap Growth ETF by 6.0% during the 3rd quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock worth $250,000 after purchasing an additional 44 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK stock opened at $357.43 on Tuesday. Vanguard Mega Cap Growth ETF has a 52-week low of $266.99 and a 52-week high of $358.61. The stock has a market cap of $23.66 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The firm’s 50-day moving average is $349.59 and its 200-day moving average is $331.67.

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.