Mutual Advisors LLC Increases Stock Position in Vanguard Mega Cap Growth ETF $MGK

Mutual Advisors LLC boosted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 8.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,360 shares of the company’s stock after acquiring an additional 396 shares during the period. Mutual Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $2,034,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Assetmark Inc. lifted its position in Vanguard Mega Cap Growth ETF by 3.5% in the first quarter. Assetmark Inc. now owns 7,716,979 shares of the company’s stock valued at $2,383,620,000 after acquiring an additional 258,515 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in shares of Vanguard Mega Cap Growth ETF by 12.7% in the first quarter. Ameriprise Financial Inc. now owns 805,119 shares of the company’s stock valued at $248,910,000 after buying an additional 90,984 shares during the last quarter. Angeles Wealth Management LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 3.0% in the first quarter. Angeles Wealth Management LLC now owns 534,450 shares of the company’s stock valued at $165,081,000 after buying an additional 15,775 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 5.9% in the first quarter. Cerity Partners LLC now owns 417,948 shares of the company’s stock valued at $129,096,000 after buying an additional 23,377 shares during the last quarter. Finally, Comerica Bank raised its holdings in shares of Vanguard Mega Cap Growth ETF by 4.7% in the first quarter. Comerica Bank now owns 392,539 shares of the company’s stock valued at $121,248,000 after buying an additional 17,466 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA:MGK opened at $399.94 on Friday. The company has a 50-day simple moving average of $393.73 and a 200-day simple moving average of $359.60. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year high of $410.01. The stock has a market capitalization of $31.00 billion, a price-to-earnings ratio of 37.33 and a beta of 1.11.

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.