Waverly Advisors LLC Has $13.73 Million Stake in Vanguard Mega Cap Growth ETF $MGK

Waverly Advisors LLC raised its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 474.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 156,140 shares of the company’s stock after purchasing an additional 128,954 shares during the period. Waverly Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $13,726,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of MGK. Sequoia Financial Advisors LLC increased its stake in Vanguard Mega Cap Growth ETF by 1.8% during the 4th quarter. Sequoia Financial Advisors LLC now owns 1,487 shares of the company’s stock valued at $614,000 after purchasing an additional 26 shares in the last quarter. Avestar Capital LLC increased its stake in Vanguard Mega Cap Growth ETF by 0.9% in the 4th quarter. Avestar Capital LLC now owns 3,450 shares of the company’s stock valued at $1,424,000 after buying an additional 30 shares during the last quarter. Ancora Advisors LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 88.6% during the third quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock worth $27,000 after acquiring an additional 31 shares during the period. Key Financial Inc raised its stake in shares of Vanguard Mega Cap Growth ETF by 4.7% during the 4th quarter. Key Financial Inc now owns 753 shares of the company’s stock worth $311,000 after purchasing an additional 34 shares during the period. Finally, Larson Financial Group LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 8.6% in the 4th quarter. Larson Financial Group LLC now owns 490 shares of the company’s stock worth $202,000 after buying an additional 39 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

MGK opened at $89.94 on Wednesday. Vanguard Mega Cap Growth ETF has a fifty-two week low of $70.32 and a fifty-two week high of $92.38. The firm has a 50-day moving average of $88.47 and a 200 day moving average of $84.56. The firm has a market cap of $33.84 billion, a P/E ratio of 37.33 and a beta of 1.24.

Vanguard Mega Cap Growth ETF Company 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.