Royal Bank of Canada Increases Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Royal Bank of Canada increased its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 6.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 432,793 shares of the company’s stock after purchasing an additional 26,268 shares during the period. Royal Bank of Canada owned 0.65% of Vanguard Mega Cap Growth ETF worth $148,626,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 18.0% in the 4th quarter. JPMorgan Chase & Co. now owns 71,583 shares of the company’s stock valued at $24,582,000 after buying an additional 10,928 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in Vanguard Mega Cap Growth ETF by 11.4% in the fourth quarter. Oppenheimer & Co. Inc. now owns 1,339 shares of the company’s stock valued at $460,000 after acquiring an additional 137 shares during the period. Amara Financial LLC. boosted its position in Vanguard Mega Cap Growth ETF by 4.7% in the 4th quarter. Amara Financial LLC. now owns 70,704 shares of the company’s stock worth $24,280,000 after purchasing an additional 3,147 shares in the last quarter. Ameritas Advisory Services LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 131.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 37,676 shares of the company’s stock worth $12,938,000 after purchasing an additional 21,417 shares during the period. Finally, Corient Private Wealth LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 71.0% during the 4th quarter. Corient Private Wealth LLC now owns 7,541 shares of the company’s stock valued at $2,590,000 after purchasing an additional 3,130 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA MGK opened at $346.70 on Monday. The company has a market capitalization of $25.39 billion, a PE ratio of 36.41 and a beta of 1.20. The company’s fifty day moving average price is $310.87 and its 200 day moving average price is $332.36. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year 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.