Ridgepath Capital Management LLC Sells 369 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Ridgepath Capital Management LLC decreased its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 11.4% in the fourth quarter, HoldingsChannel reports. The firm owned 2,860 shares of the company’s stock after selling 369 shares during the quarter. Vanguard Mega Cap Growth ETF makes up 0.5% of Ridgepath Capital Management LLC’s investment portfolio, making the stock its 25th biggest position. Ridgepath Capital Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $982,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. FMR LLC increased its position 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. raised its stake in Vanguard Mega Cap Growth ETF by 14.5% in the third quarter. Oppenheimer & Co. Inc. now owns 1,202 shares of the company’s stock worth $387,000 after buying an additional 152 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 23.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 66,015 shares of the company’s stock worth $21,254,000 after buying an additional 12,655 shares during the period. Wedmont Private Capital boosted its position in Vanguard Mega Cap Growth ETF by 8.6% during the 4th quarter. Wedmont Private Capital now owns 811 shares of the company’s stock valued at $276,000 after acquiring an additional 64 shares in the last quarter. Finally, Ameritas Advisory Services LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 131.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 37,676 shares of the company’s stock worth $12,938,000 after acquiring an additional 21,417 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA:MGK opened at $349.82 on Friday. The firm has a market capitalization of $23.15 billion, a P/E ratio of 42.92 and a beta of 1.28. The stock has a 50 day moving average price of $347.53 and a 200-day moving average price of $327.88. Vanguard Mega Cap Growth ETF has a 52-week low of $265.99 and a 52-week high of $358.61.

Vanguard Mega Cap Growth ETF Company 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.