Sequoia Financial Advisors LLC Has $457,000 Stake in Vanguard Mega Cap Growth ETF $MGK

Sequoia Financial Advisors LLC increased its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 77.8% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,248 shares of the company’s stock after acquiring an additional 546 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $457,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Griffin Asset Management Inc. increased its holdings in shares of Vanguard Mega Cap Growth ETF by 92.5% during the 2nd quarter. Griffin Asset Management Inc. now owns 7,284 shares of the company’s stock valued at $2,667,000 after acquiring an additional 3,500 shares during the last quarter. MGO One Seven LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 0.4% during the 2nd quarter. MGO One Seven LLC now owns 6,431 shares of the company’s stock valued at $2,355,000 after acquiring an additional 28 shares during the last quarter. Hazlett Burt & Watson Inc. increased its holdings in shares of Vanguard Mega Cap Growth ETF by 2.2% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,326 shares of the company’s stock valued at $488,000 after acquiring an additional 28 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Vanguard Mega Cap Growth ETF by 11.6% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 33,606 shares of the company’s stock valued at $12,306,000 after buying an additional 3,500 shares during the last quarter. Finally, Almanack Investment Partners LLC. acquired a new stake in Vanguard Mega Cap Growth ETF in the 2nd quarter valued at approximately $1,691,000.

Vanguard Mega Cap Growth ETF Stock Up 1.2%

MGK opened at $407.47 on Tuesday. The firm has a market capitalization of $31.58 billion, a P/E ratio of 37.33 and a beta of 1.11. The stock’s 50 day moving average price is $394.54 and its two-hundred day moving average price is $361.91. Vanguard Mega Cap Growth ETF has a 12-month low of $262.65 and a 12-month high of $410.01.

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.