Fifth Third Wealth Advisors LLC Takes $253,000 Position in Vanguard Mega Cap Growth ETF $MGK

Fifth Third Wealth Advisors LLC purchased a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 691 shares of the company’s stock, valued at approximately $253,000.

Several other hedge funds also recently made changes to their positions in the stock. Assetmark Inc. grew its position in shares of Vanguard Mega Cap Growth ETF by 3.5% in the first quarter. Assetmark Inc. now owns 7,716,979 shares of the company’s stock valued at $2,383,620,000 after purchasing an additional 258,515 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of Vanguard Mega Cap Growth ETF by 12.7% in the first quarter. Ameriprise Financial Inc. now owns 805,119 shares of the company’s stock valued at $248,910,000 after purchasing an additional 90,984 shares in the last quarter. Angeles Wealth Management LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 3.0% in the first quarter. Angeles Wealth Management LLC now owns 534,450 shares of the company’s stock valued at $165,081,000 after purchasing an additional 15,775 shares in the last quarter. Cerity Partners LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 5.9% in the first quarter. Cerity Partners LLC now owns 417,948 shares of the company’s stock valued at $129,096,000 after purchasing an additional 23,377 shares in the last quarter. Finally, Comerica Bank grew its position in shares of Vanguard Mega Cap Growth ETF by 4.7% in the first quarter. Comerica Bank now owns 392,539 shares of the company’s stock valued at $121,248,000 after purchasing an additional 17,466 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA MGK opened at $402.60 on Tuesday. The stock has a market cap of $31.21 billion, a PE ratio of 37.33 and a beta of 1.11. Vanguard Mega Cap Growth ETF has a fifty-two week low of $262.65 and a fifty-two week high of $410.01. The stock has a fifty day moving average of $392.51 and a 200-day moving average of $358.39.

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.