Monument Group Wealth Advisors LLC Makes New Investment in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Monument Group Wealth Advisors LLC acquired a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGKFree Report) in the 4th quarter, Holdings Channel reports. The firm acquired 1,015 shares of the company’s stock, valued at approximately $263,000.

Several other hedge funds also recently modified their holdings of MGK. Kingswood Wealth Advisors LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 6.3% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 1,700 shares of the company’s stock valued at $441,000 after purchasing an additional 100 shares during the period. Activest Wealth Management grew its position in Vanguard Mega Cap Growth ETF by 500.0% during the fourth quarter. Activest Wealth Management now owns 240 shares of the company’s stock worth $62,000 after buying an additional 200 shares in the last quarter. PFG Advisors increased its stake in Vanguard Mega Cap Growth ETF by 17.7% during the fourth quarter. PFG Advisors now owns 1,065 shares of the company’s stock valued at $276,000 after acquiring an additional 160 shares during the period. AdvisorNet Financial Inc acquired a new position in Vanguard Mega Cap Growth ETF in the 4th quarter valued at approximately $30,000. Finally, Perigon Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth approximately $201,000.

Vanguard Mega Cap Growth ETF Trading Up 1.7 %

MGK opened at $274.98 on Wednesday. The stock’s 50 day simple moving average is $282.88 and its 200-day simple moving average is $262.94. The stock has a market cap of $18.28 billion, a PE ratio of 42.52 and a beta of 1.11. Vanguard Mega Cap Growth ETF has a 1 year low of $199.81 and a 1 year high of $291.40.

About Vanguard Mega Cap Growth ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding MGK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mega Cap Growth ETF (NYSEARCA:MGKFree Report).

Institutional Ownership by Quarter for Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

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