Sequoia Financial Advisors LLC Purchases 7,038 Shares of Vanguard Mega Cap Growth ETF $MGK

Sequoia Financial Advisors LLC grew its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 473.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,525 shares of the company’s stock after acquiring an additional 7,038 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $749,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Elevation Wealth Partners LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 400.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 300 shares of the company’s stock worth $26,000 after purchasing an additional 240 shares during the period. Triumph Capital Management raised its position in Vanguard Mega Cap Growth ETF by 398.5% in the 2nd quarter. Triumph Capital Management now owns 334 shares of the company’s stock worth $29,000 after purchasing an additional 267 shares during the period. Noble Wealth Management PBC lifted its stake in Vanguard Mega Cap Growth ETF by 400.0% in the second quarter. Noble Wealth Management PBC now owns 350 shares of the company’s stock worth $31,000 after purchasing an additional 280 shares during the last quarter. GoalVest Advisory LLC bought a new stake in Vanguard Mega Cap Growth ETF in the second quarter worth about $35,000. Finally, Montgomery Financial Services LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF during the second quarter valued at approximately $36,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA:MGK opened at $90.89 on Friday. The firm has a market capitalization of $33.70 billion, a PE ratio of 37.33 and a beta of 1.24. The business has a 50 day simple moving average of $88.77 and a two-hundred day simple moving average of $85.18. Vanguard Mega Cap Growth ETF has a 1 year low of $70.32 and a 1 year high of $92.38.

About Vanguard Mega Cap Growth ETF

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.