Schechter Investment Advisors LLC Sells 151 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Schechter Investment Advisors LLC lowered its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 13.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 995 shares of the company’s stock after selling 151 shares during the period. Schechter Investment Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $342,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Bank of Jackson Hole Trust purchased a new position in Vanguard Mega Cap Growth ETF during the 4th quarter valued at about $27,000. Peterson Financial Group Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the third quarter valued at approximately $33,000. Copley Financial Group Inc. purchased a new position in Vanguard Mega Cap Growth ETF during the third quarter valued at approximately $33,000. Riggs Asset Managment Co. Inc. bought a new position in Vanguard Mega Cap Growth ETF in the fourth quarter worth approximately $40,000. Finally, Pittenger & Anderson Inc. raised its stake in Vanguard Mega Cap Growth ETF by 25.0% in the fourth quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock worth $52,000 after buying an additional 30 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 1.5 %

Shares of NYSEARCA MGK opened at $333.27 on Thursday. Vanguard Mega Cap Growth ETF has a 12-month low of $266.99 and a 12-month high of $358.64. The stock’s fifty day simple moving average is $347.51 and its two-hundred day simple moving average is $335.12. The stock has a market capitalization of $24.48 billion, a PE ratio of 41.72 and a beta of 1.13.

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.