NWF Advisory Services Inc. Purchases 166,398 Shares of Vanguard Mega Cap Growth ETF $MGK

NWF Advisory Services Inc. boosted its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 421.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 205,879 shares of the company’s stock after acquiring an additional 166,398 shares during the period. Vanguard Mega Cap Growth ETF accounts for 1.7% of NWF Advisory Services Inc.’s investment portfolio, making the stock its 12th biggest holding. NWF Advisory Services Inc. owned approximately 0.05% of Vanguard Mega Cap Growth ETF worth $18,099,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MGK. Accel Wealth Management increased its position in Vanguard Mega Cap Growth ETF by 387.7% in the 2nd quarter. Accel Wealth Management now owns 9,890 shares of the company’s stock worth $869,000 after buying an additional 7,862 shares during the period. Cornerstone Wealth Group LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the first quarter valued at approximately $3,191,000. Royal Bank of Canada boosted its position in shares of Vanguard Mega Cap Growth ETF by 2.0% in the first quarter. Royal Bank of Canada now owns 466,332 shares of the company’s stock valued at $171,349,000 after acquiring an additional 9,145 shares during the period. Kestra Advisory Services LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 61.1% in the first quarter. Kestra Advisory Services LLC now owns 70,315 shares of the company’s stock worth $25,836,000 after acquiring an additional 26,681 shares during the last quarter. Finally, FC Advisory LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 392.2% in the second quarter. FC Advisory LLC now owns 459,040 shares of the company’s stock worth $40,354,000 after acquiring an additional 365,775 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 1.6%

Shares of MGK stock opened at $90.67 on Friday. Vanguard Mega Cap Growth ETF has a 1 year low of $70.32 and a 1 year high of $92.38. The firm’s fifty day simple moving average is $88.24 and its 200 day simple moving average is $84.29. The firm has a market capitalization of $34.11 billion, a P/E 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.