Fagan Associates Inc. Takes Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Fagan Associates Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 612 shares of the company’s stock, valued at approximately $210,000.

Several other hedge funds have also recently made changes to their positions in MGK. Captrust Financial Advisors increased its stake 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 valued at $513,465,000 after buying an additional 1,408,609 shares during the period. World Investment Advisors LLC grew its stake in Vanguard Mega Cap Growth ETF by 36,249.8% in the third 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 during the period. Assetmark Inc. grew its stake in 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 purchasing an additional 271,905 shares during the period. Strategic Financial Concepts LLC purchased a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter worth $82,803,000. Finally, International Assets Investment Management LLC grew its stake 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 worth $41,591,000 after purchasing an additional 128,784 shares during the period.

Vanguard Mega Cap Growth ETF Stock Down 0.1 %

Shares of MGK stock opened at $357.10 on Wednesday. The stock has a market cap of $23.64 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The business’s fifty day moving average is $349.73 and its 200 day moving average is $332.10. Vanguard Mega Cap Growth ETF has a twelve month low of $266.99 and a twelve month high of $358.64.

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.