Sunbelt Securities Inc. Has $336,000 Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Sunbelt Securities Inc. lessened its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 8.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,172 shares of the company’s stock after selling 109 shares during the quarter. Sunbelt Securities Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $336,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in MGK. Von Berge Wealth Management Group LLC raised its holdings in Vanguard Mega Cap Growth ETF by 23.5% in the 1st quarter. Von Berge Wealth Management Group LLC now owns 45,078 shares of the company’s stock worth $12,920,000 after acquiring an additional 8,571 shares during the period. Morton Capital Management LLC CA bought a new position in shares of Vanguard Mega Cap Growth ETF in the first quarter worth about $260,000. CGN Advisors LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF during the 1st quarter worth about $216,000. Worth Asset Management LLC boosted its stake in Vanguard Mega Cap Growth ETF by 10.5% during the 1st quarter. Worth Asset Management LLC now owns 5,410 shares of the company’s stock valued at $1,551,000 after purchasing an additional 512 shares during the period. Finally, Kaydan Wealth Management Inc. acquired a new stake in Vanguard Mega Cap Growth ETF in the 1st quarter valued at approximately $217,000.

Vanguard Mega Cap Growth ETF Stock Up 0.2 %

Shares of MGK stock opened at $317.02 on Friday. Vanguard Mega Cap Growth ETF has a 12 month low of $218.10 and a 12 month high of $317.81. The firm has a market cap of $20.98 billion, a PE ratio of 42.92 and a beta of 1.28. The stock has a 50 day moving average of $294.37 and a 200-day moving average of $281.01.

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.