Vanguard Mega Cap Growth ETF $MGK Shares Bought by Betterment LLC

Betterment LLC raised its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 54.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,629 shares of the company’s stock after buying an additional 1,632 shares during the quarter. Betterment LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,430,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 139.5% in the 4th quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock valued at $518,000 after acquiring an additional 879 shares during the period. Aptus Capital Advisors LLC grew its position in Vanguard Mega Cap Growth ETF by 16.6% during the 4th quarter. Aptus Capital Advisors LLC now owns 2,068 shares of the company’s stock worth $710,000 after purchasing an additional 295 shares during the last quarter. Ameriprise Financial Inc. grew its position in Vanguard Mega Cap Growth ETF by 23.6% during the 4th quarter. Ameriprise Financial Inc. now owns 714,135 shares of the company’s stock worth $245,284,000 after purchasing an additional 136,347 shares during the last quarter. BNP Paribas Financial Markets increased its stake in Vanguard Mega Cap Growth ETF by 2,175.0% in the fourth quarter. BNP Paribas Financial Markets now owns 455 shares of the company’s stock valued at $156,000 after purchasing an additional 435 shares during the period. Finally, Brown Wealth Management LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 11.7% in the fourth quarter. Brown Wealth Management LLC now owns 872 shares of the company’s stock valued at $299,000 after buying an additional 91 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 1.2%

NYSEARCA MGK opened at $383.96 on Monday. The firm has a market cap of $28.49 billion, a P/E ratio of 37.33 and a beta of 1.11. Vanguard Mega Cap Growth ETF has a 52-week low of $262.65 and a 52-week high of $390.89. The business’s 50-day moving average price is $375.88 and its 200 day moving average price is $343.51.

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.