Graney & King LLC Makes New Investment in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Graney & King LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,010 shares of the company’s stock, valued at approximately $1,034,000. Vanguard Mega Cap Growth ETF makes up 0.8% of Graney & King LLC’s portfolio, making the stock its 21st biggest position.

A number of other institutional investors have also recently modified their holdings of MGK. UNIVEST FINANCIAL Corp raised its holdings in shares of Vanguard Mega Cap Growth ETF by 46.7% during the 4th quarter. UNIVEST FINANCIAL Corp now owns 1,272 shares of the company’s stock worth $437,000 after acquiring an additional 405 shares during the period. Florida Financial Advisors LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 19.5% during the 4th quarter. Florida Financial Advisors LLC now owns 2,985 shares of the company’s stock worth $1,025,000 after buying an additional 487 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 9.4% in the 4th quarter. Signature Estate & Investment Advisors LLC now owns 1,415 shares of the company’s stock valued at $486,000 after buying an additional 121 shares during the last quarter. Haverford Trust Co purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at about $373,000. Finally, Sequent Planning LLC purchased a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $286,000.

Vanguard Mega Cap Growth ETF Stock Up 0.7 %

NYSEARCA MGK opened at $326.17 on Wednesday. The business’s 50-day moving average price is $338.87 and its 200 day moving average price is $335.69. Vanguard Mega Cap Growth ETF has a 52-week low of $266.99 and a 52-week high of $358.64. The firm has a market cap of $23.77 billion, a P/E ratio of 35.83 and a beta of 1.15.

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.