Nicholas Hoffman & Company LLC. Acquires 1,390 Shares of Vanguard Mega Cap Growth ETF $MGK

Nicholas Hoffman & Company LLC. raised its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 80.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,108 shares of the company’s stock after buying an additional 1,390 shares during the period. Nicholas Hoffman & Company LLC.’s holdings in Vanguard Mega Cap Growth ETF were worth $1,251,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in MGK. Vestmark Advisory Solutions Inc. lifted its stake 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 buying an additional 45,667 shares during the last quarter. First Horizon Corp acquired a new position in Vanguard Mega Cap Growth ETF in the 3rd quarter valued at about $1,351,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in Vanguard Mega Cap Growth ETF by 17.6% in the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 48,651 shares of the company’s stock valued at $19,578,000 after acquiring an additional 7,270 shares during the period. Beaumont Asset Management L.L.C. raised its holdings in Vanguard Mega Cap Growth ETF by 271.2% in the 3rd quarter. Beaumont Asset Management L.L.C. now owns 6,233 shares of the company’s stock valued at $2,508,000 after acquiring an additional 4,554 shares during the period. Finally, DT Investment Partners LLC lifted its position in Vanguard Mega Cap Growth ETF by 4,887.2% during the third quarter. DT Investment Partners LLC now owns 89,421 shares of the company’s stock worth $35,985,000 after acquiring an additional 87,628 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.9%

Shares of NYSEARCA:MGK opened at $386.95 on Friday. Vanguard Mega Cap Growth ETF has a 12-month low of $262.65 and a 12-month high of $426.80. The business has a 50 day moving average of $403.39 and a 200-day moving average of $403.07. The stock has a market cap of $30.35 billion, a PE ratio of 37.33 and a beta of 1.18.

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.