Fischer Investment Strategies LLC Reduces Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Fischer Investment Strategies LLC trimmed its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,947 shares of the company’s stock after selling 65 shares during the period. Vanguard Mega Cap Growth ETF accounts for approximately 4.9% of Fischer Investment Strategies LLC’s investment portfolio, making the stock its 8th biggest position. Fischer Investment Strategies LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $5,011,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mathes Company Inc. lifted its position in shares of Vanguard Mega Cap Growth ETF by 0.3% in the first quarter. Mathes Company Inc. now owns 15,790 shares of the company’s stock valued at $4,526,000 after buying an additional 40 shares during the last quarter. CGN Advisors LLC boosted its position in Vanguard Mega Cap Growth ETF by 5.4% during the second quarter. CGN Advisors LLC now owns 796 shares of the company’s stock worth $250,000 after purchasing an additional 41 shares during the period. Csenge Advisory Group increased its holdings in shares of Vanguard Mega Cap Growth ETF by 0.9% in the second quarter. Csenge Advisory Group now owns 4,574 shares of the company’s stock valued at $1,437,000 after purchasing an additional 42 shares during the last quarter. Fortis Capital Advisors LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 3.5% in the first quarter. Fortis Capital Advisors LLC now owns 1,483 shares of the company’s stock valued at $425,000 after purchasing an additional 50 shares during the period. Finally, WMG Financial Advisors LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 6.4% during the 2nd quarter. WMG Financial Advisors LLC now owns 849 shares of the company’s stock worth $267,000 after buying an additional 51 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $319.32 on Friday. The firm has a market cap of $21.14 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52 week low of $218.10 and a 52 week high of $330.36. The firm’s 50-day simple moving average is $308.57 and its 200 day simple moving average is $299.33.

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.