Richard P Slaughter Associates Inc Has $9.60 Million Stock Position in Vanguard Mega Cap Growth ETF $MGK

Richard P Slaughter Associates Inc increased its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 354.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,218 shares of the company’s stock after buying an additional 20,448 shares during the period. Vanguard Mega Cap Growth ETF accounts for approximately 2.0% of Richard P Slaughter Associates Inc’s holdings, making the stock its 11th biggest holding. Richard P Slaughter Associates Inc’s holdings in Vanguard Mega Cap Growth ETF were worth $9,600,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Redmont Wealth Advisors LLC acquired a new position in Vanguard Mega Cap Growth ETF during the 1st quarter valued at about $32,000. Safe Harbor Fiduciary LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 1st quarter valued at about $32,000. Valued Wealth Advisors LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 1st quarter valued at about $42,000. Garde Capital Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 1st quarter valued at about $49,000. Finally, Richards Merrill & Peterson Inc. increased its stake in shares of Vanguard Mega Cap Growth ETF by 37.0% in the 1st quarter. Richards Merrill & Peterson Inc. now owns 185 shares of the company’s stock valued at $57,000 after acquiring an additional 50 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK stock opened at $394.71 on Monday. The stock has a market cap of $29.28 billion, a PE ratio of 37.33 and a beta of 1.11. The stock has a 50-day moving average of $380.95 and a 200-day moving average of $346.24. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year high of $395.38.

Vanguard Mega Cap Growth ETF 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.