19,126 Shares in Vanguard Mega Cap Growth ETF $MGK Bought by Gladwyn Financial Advisors Inc.

Gladwyn Financial Advisors Inc. bought a new position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 19,126 shares of the company’s stock, valued at approximately $7,003,000. Vanguard Mega Cap Growth ETF makes up 5.4% of Gladwyn Financial Advisors Inc.’s holdings, making the stock its 6th largest position.

Other large investors have also made changes to their positions in the company. Sequoia Financial Advisors LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 1st quarter worth $217,000. Brown Advisory Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 7.3% in the 1st quarter. Brown Advisory Inc. now owns 4,601 shares of the company’s stock worth $1,421,000 after buying an additional 315 shares during the period. QRG Capital Management Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 1st quarter worth $464,000. Signaturefd LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 833.3% in the 2nd quarter. Signaturefd LLC now owns 140 shares of the company’s stock worth $51,000 after buying an additional 125 shares during the period. Finally, Maridea Wealth Management LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 45.3% in the 2nd quarter. Maridea Wealth Management LLC now owns 1,488 shares of the company’s stock worth $545,000 after buying an additional 464 shares during the period.

Vanguard Mega Cap Growth ETF Trading Up 0.7%

Shares of NYSEARCA MGK opened at $402.66 on Friday. Vanguard Mega Cap Growth ETF has a 12-month low of $262.65 and a 12-month high of $410.01. The company has a market cap of $31.21 billion, a P/E ratio of 37.33 and a beta of 1.11. The stock has a fifty day moving average price of $394.08 and a 200 day moving average price of $360.55.

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.