Charles Schwab Investment Management Inc. Has $1.87 Million Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Charles Schwab Investment Management Inc. trimmed its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 21.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,441 shares of the company’s stock after selling 1,516 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $1,868,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Captrust Financial Advisors boosted its position in shares of Vanguard Mega Cap Growth ETF by 756.3% during the third quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock worth $513,465,000 after buying an additional 1,408,609 shares during the period. World Investment Advisors LLC lifted its stake in Vanguard Mega Cap Growth ETF by 36,249.8% in the 3rd quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock valued at $204,331,000 after acquiring an additional 632,921 shares in the last quarter. Proficio Capital Partners LLC boosted its position in Vanguard Mega Cap Growth ETF by 34,241.0% during the 4th quarter. Proficio Capital Partners LLC now owns 393,204 shares of the company’s stock worth $135,030,000 after acquiring an additional 392,059 shares during the last quarter. Strategic Financial Concepts LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $82,803,000. Finally, EP Wealth Advisors LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 4,075.0% during the 3rd quarter. EP Wealth Advisors LLC now owns 82,081 shares of the company’s stock worth $26,426,000 after acquiring an additional 80,115 shares in the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Vanguard Mega Cap Growth ETF stock opened at $308.50 on Friday. Vanguard Mega Cap Growth ETF has a one year low of $266.99 and a one year high of $358.64. The company has a market cap of $22.49 billion, a price-to-earnings ratio of 35.83 and a beta of 1.15. The firm has a 50-day moving average of $337.07 and a 200-day moving average of $335.48.

Vanguard Mega Cap Growth ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be paid a $0.3397 dividend. The ex-dividend date is Thursday, March 27th. This is a boost from Vanguard Mega Cap Growth ETF’s previous dividend of $0.31.

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.