Gilliland Jeter Wealth Management LLC Makes New Investment in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Gilliland Jeter Wealth Management LLC purchased a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 5,050 shares of the company’s stock, valued at approximately $1,311,000.

Several other large investors have also made changes to their positions in MGK. Cerity Partners LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at approximately $81,857,000. American Trust grew its stake in shares of Vanguard Mega Cap Growth ETF by 291.7% in the 3rd quarter. American Trust now owns 221,623 shares of the company’s stock valued at $50,286,000 after buying an additional 165,038 shares in the last quarter. Assetmark Inc. grew its stake in shares of Vanguard Mega Cap Growth ETF by 1.7% in the 3rd quarter. Assetmark Inc. now owns 6,641,918 shares of the company’s stock valued at $1,507,051,000 after buying an additional 108,476 shares in the last quarter. International Assets Investment Management LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 22,983.4% in the 4th quarter. International Assets Investment Management LLC now owns 104,106 shares of the company’s stock valued at $27,017,000 after buying an additional 103,655 shares in the last quarter. Finally, DT Investment Partners LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at approximately $22,790,000.

Vanguard Mega Cap Growth ETF Trading Up 1.9 %

Vanguard Mega Cap Growth ETF stock traded up $5.11 during trading hours on Friday, reaching $277.92. 1,087,971 shares of the company were exchanged, compared to its average volume of 344,672. The firm has a market cap of $18.48 billion, a price-to-earnings ratio of 40.90 and a beta of 1.26. The stock has a 50-day moving average of $282.58 and a 200 day moving average of $263.40. Vanguard Mega Cap Growth ETF has a 12 month low of $203.01 and a 12 month high of $291.40.

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.