Vanguard Mega Cap Growth ETF $MGK Shares Acquired by Cassaday & Co Wealth Management LLC

Cassaday & Co Wealth Management LLC grew its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,719,368 shares of the company’s stock after purchasing an additional 48,165 shares during the period. Vanguard Mega Cap Growth ETF makes up 29.1% of Cassaday & Co Wealth Management LLC’s investment portfolio, making the stock its biggest holding. Cassaday & Co Wealth Management LLC owned about 4.93% of Vanguard Mega Cap Growth ETF worth $1,366,645,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in MGK. Ancora Advisors LLC increased its position in Vanguard Mega Cap Growth ETF by 88.6% in the 3rd quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after buying an additional 31 shares in the last quarter. Aventura Private Wealth LLC bought a new position in Vanguard Mega Cap Growth ETF in the fourth quarter worth approximately $28,000. IFC & Insurance Marketing Inc. bought a new position in Vanguard Mega Cap Growth ETF in the fourth quarter worth approximately $32,000. Costello Asset Management INC grew its stake in Vanguard Mega Cap Growth ETF by 116.3% in the fourth quarter. Costello Asset Management INC now owns 93 shares of the company’s stock valued at $39,000 after acquiring an additional 50 shares during the period. Finally, Newbridge Financial Services Group Inc. grew its stake in Vanguard Mega Cap Growth ETF by 350.0% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 99 shares of the company’s stock valued at $41,000 after acquiring an additional 77 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA MGK opened at $86.83 on Tuesday. Vanguard Mega Cap Growth ETF has a 52 week low of $70.32 and a 52 week high of $92.38. The business has a 50 day moving average price of $88.13 and a 200-day moving average price of $82.53. The company has a market cap of $32.67 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24.

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.