D.A. Davidson & CO. Acquires 4,914 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

D.A. Davidson & CO. grew its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 6.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 79,173 shares of the company’s stock after purchasing an additional 4,914 shares during the period. D.A. Davidson & CO. owned approximately 0.11% of Vanguard Mega Cap Growth ETF worth $24,455,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of MGK. Brighton Jones LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 139.5% during the 4th quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock worth $518,000 after purchasing an additional 879 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in Vanguard Mega Cap Growth ETF by 11.4% during the 4th quarter. Oppenheimer & Co. Inc. now owns 1,339 shares of the company’s stock valued at $460,000 after buying an additional 137 shares in the last quarter. Fisher Asset Management LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 20.8% during the fourth quarter. Fisher Asset Management LLC now owns 12,582 shares of the company’s stock valued at $4,321,000 after buying an additional 2,167 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 165.1% in the fourth quarter. Jones Financial Companies Lllp now owns 8,714 shares of the company’s stock worth $2,992,000 after buying an additional 5,427 shares in the last quarter. Finally, Mission Wealth Management LP boosted its position in shares of Vanguard Mega Cap Growth ETF by 99.4% in the fourth quarter. Mission Wealth Management LP now owns 1,288 shares of the company’s stock valued at $442,000 after acquiring an additional 642 shares during the period.

Vanguard Mega Cap Growth ETF Trading Up 0.8%

Shares of NYSEARCA:MGK opened at $365.14 on Thursday. The company has a 50 day moving average of $342.54 and a 200 day moving average of $334.96. The stock has a market cap of $27.09 billion, a P/E ratio of 38.23 and a beta of 1.11. Vanguard Mega Cap Growth ETF has a 12 month low of $262.65 and a 12 month high of $367.10.

About Vanguard Mega Cap Growth ETF

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.