Harbour Investments Inc. Increases Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Harbour Investments Inc. grew its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 4.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,616 shares of the company’s stock after purchasing an additional 793 shares during the period. Harbour Investments Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $6,393,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Corient Private Wealth LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 71.0% in the fourth quarter. Corient Private Wealth LLC now owns 7,541 shares of the company’s stock valued at $2,590,000 after purchasing an additional 3,130 shares during the last quarter. Copperwynd Financial LLC raised its position in Vanguard Mega Cap Growth ETF by 3.9% in the fourth quarter. Copperwynd Financial LLC now owns 70,595 shares of the company’s stock worth $24,243,000 after acquiring an additional 2,626 shares during the period. Integras Partners LLC bought a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter worth about $1,013,000. Commonwealth Equity Services LLC raised its position in Vanguard Mega Cap Growth ETF by 3.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 269,694 shares of the company’s stock worth $92,616,000 after acquiring an additional 9,179 shares during the period. Finally, Mascoma Wealth Management LLC bought a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter worth about $130,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK stock opened at $315.29 on Friday. The firm has a market cap of $23.11 billion, a price-to-earnings ratio of 36.87 and a beta of 1.15. Vanguard Mega Cap Growth ETF has a 52 week low of $266.99 and a 52 week high of $358.64. The firm’s 50-day simple moving average is $342.49 and its two-hundred day simple moving average is $335.05.

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.