Bennett Associates Wealth Management Raises Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Bennett Associates Wealth Management lifted its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,858 shares of the company’s stock after purchasing an additional 107 shares during the period. Vanguard Mega Cap Growth ETF comprises 5.7% of Bennett Associates Wealth Management’s holdings, making the stock its 5th biggest holding. Bennett Associates Wealth Management’s holdings in Vanguard Mega Cap Growth ETF were worth $6,819,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Assetmark Inc. boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 3.8% in the third quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock worth $2,399,580,000 after buying an additional 271,905 shares during the period. Cassaday & Co Wealth Management LLC boosted its stake in Vanguard Mega Cap Growth ETF by 2.1% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 3,574,349 shares of the company’s stock worth $1,150,762,000 after purchasing an additional 74,966 shares during the period. Captrust Financial Advisors boosted 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 worth $513,465,000 after purchasing an additional 1,408,609 shares during the period. World Investment Advisors LLC grew its position in Vanguard Mega Cap Growth ETF by 36,249.8% during the 3rd quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock worth $204,331,000 after purchasing an additional 632,921 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in Vanguard Mega Cap Growth ETF by 0.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 566,062 shares of the company’s stock valued at $182,244,000 after purchasing an additional 2,623 shares during the period.

Vanguard Mega Cap Growth ETF Trading Down 0.8 %

Shares of MGK stock opened at $342.18 on Friday. The company has a market capitalization of $22.65 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The stock’s fifty day simple moving average is $344.91 and its 200-day simple moving average is $326.05. Vanguard Mega Cap Growth ETF has a 1-year low of $257.42 and a 1-year high of $358.61.

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.