Pennsylvania Capital Management Inc. ADV raised its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK – Free Report) by 27.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,455 shares of the company’s stock after purchasing an additional 530 shares during the quarter. Pennsylvania Capital Management Inc. ADV’s holdings in Vanguard Mega Cap Growth ETF were worth $843,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of MGK. Captrust Financial Advisors increased its stake in Vanguard Mega Cap Growth ETF by 756.3% in the 3rd quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock valued at $513,465,000 after buying an additional 1,408,609 shares during the period. World Investment Advisors LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 36,249.8% during the third quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock worth $204,331,000 after acquiring an additional 632,921 shares during the period. Assetmark Inc. raised its holdings in Vanguard Mega Cap Growth ETF by 3.8% during the third quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock worth $2,399,580,000 after purchasing an additional 271,905 shares in the last quarter. International Assets Investment Management LLC lifted its position in Vanguard Mega Cap Growth ETF by 32,115.7% in the third quarter. International Assets Investment Management LLC now owns 129,185 shares of the company’s stock valued at $41,591,000 after purchasing an additional 128,784 shares during the period. Finally, RFP Financial Group LLC lifted its position in Vanguard Mega Cap Growth ETF by 592.1% in the third quarter. RFP Financial Group LLC now owns 119,122 shares of the company’s stock valued at $38,351,000 after purchasing an additional 101,910 shares during the period.
Vanguard Mega Cap Growth ETF Trading Down 1.0 %
NYSEARCA MGK opened at $344.76 on Tuesday. The business’s 50 day moving average is $347.95 and its two-hundred day moving average is $328.37. The stock has a market capitalization of $22.82 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 12-month low of $266.99 and a 12-month 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.
Further Reading
- Five stocks we like better than Vanguard Mega Cap Growth ETF
- 3 Small Caps With Big Return Potential
- 2 Solar Stocks Heating Up for a Major Industry Rebound
- What Are Dividend Challengers?
- Gold Stocks Shine as Prices Hit Record Highs—Top 3 Picks
- Differences Between Momentum Investing and Long Term Investing
- Ally Financial: The Tugboat of Auto Finance Keeps Gaining Steam
Want to see what other hedge funds are holding MGK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mega Cap Growth ETF (NYSEARCA:MGK – Free Report).
Receive News & Ratings for Vanguard Mega Cap Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Mega Cap Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.