Efficient Advisors LLC Boosts Stake in Vanguard Mega Cap Growth ETF $MGK

Efficient Advisors LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 12.5% in the 2nd quarter, Holdings Channel reports. The fund owned 4,505 shares of the company’s stock after acquiring an additional 500 shares during the quarter. Efficient Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,650,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Vestmark Advisory Solutions Inc. increased its position in shares of Vanguard Mega Cap Growth ETF by 159.9% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 74,226 shares of the company’s stock worth $27,179,000 after purchasing an additional 45,667 shares during the last quarter. Brown Advisory Inc. boosted its stake in Vanguard Mega Cap Growth ETF by 7.3% during the first quarter. Brown Advisory Inc. now owns 4,601 shares of the company’s stock worth $1,421,000 after buying an additional 315 shares during the period. Alpine Bank Wealth Management purchased a new position in Vanguard Mega Cap Growth ETF during the second quarter worth about $77,000. Prospera Financial Services Inc increased its position in shares of Vanguard Mega Cap Growth ETF by 0.5% during the second quarter. Prospera Financial Services Inc now owns 56,433 shares of the company’s stock valued at $20,667,000 after acquiring an additional 300 shares during the last quarter. Finally, Signaturefd LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 833.3% in the 2nd quarter. Signaturefd LLC now owns 140 shares of the company’s stock valued at $51,000 after acquiring an additional 125 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA:MGK opened at $407.90 on Friday. Vanguard Mega Cap Growth ETF has a fifty-two week low of $262.65 and a fifty-two week high of $426.80. The company has a 50 day moving average price of $402.91 and a 200 day moving average price of $373.95. The stock has a market capitalization of $31.62 billion, a P/E ratio of 37.33 and a beta of 1.18.

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.