Vanguard Mega Cap Growth ETF $MGK Shares Purchased by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. grew its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 159.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 74,226 shares of the company’s stock after acquiring an additional 45,667 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $27,179,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in MGK. Savant Capital LLC raised its stake in Vanguard Mega Cap Growth ETF by 0.4% during the second quarter. Savant Capital LLC now owns 54,131 shares of the company’s stock valued at $19,821,000 after buying an additional 225 shares in the last quarter. Flagship Private Wealth LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 3.7% in the second quarter. Flagship Private Wealth LLC now owns 13,150 shares of the company’s stock worth $4,815,000 after acquiring an additional 475 shares during the last quarter. Strategic Financial Partners Ltd. raised its position in shares of Vanguard Mega Cap Growth ETF by 0.3% during the 2nd quarter. Strategic Financial Partners Ltd. now owns 12,273 shares of the company’s stock worth $4,494,000 after purchasing an additional 36 shares during the period. Atlantic Union Bankshares Corp bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter worth approximately $30,000. Finally, TME Financial Inc. grew its stake in Vanguard Mega Cap Growth ETF by 71.1% during the 2nd quarter. TME Financial Inc. now owns 2,603 shares of the company’s stock worth $953,000 after buying an additional 1,082 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $406.72 on Friday. The firm has a fifty day moving average of $402.44 and a 200-day moving average of $372.53. The company has a market cap of $31.52 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $426.80.

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.