Falcon Wealth Planning Acquires 13,253 Shares of Vanguard Mega Cap Growth ETF $MGK

Falcon Wealth Planning lifted its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 6.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 233,737 shares of the company’s stock after purchasing an additional 13,253 shares during the period. Vanguard Mega Cap Growth ETF comprises approximately 5.9% of Falcon Wealth Planning’s holdings, making the stock its 3rd biggest holding. Falcon Wealth Planning owned 0.31% of Vanguard Mega Cap Growth ETF worth $85,884,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Morgan Stanley grew its holdings in Vanguard Mega Cap Growth ETF by 11.7% during the 4th quarter. Morgan Stanley now owns 2,651,172 shares of the company’s stock valued at $1,094,325,000 after buying an additional 277,446 shares during the last quarter. Strategic Investment Advisors MI lifted its position in shares of Vanguard Mega Cap Growth ETF by 80,083.9% in the fourth quarter. Strategic Investment Advisors MI now owns 184,423 shares of the company’s stock valued at $76,176,000 after acquiring an additional 184,193 shares in the last quarter. Axxcess Wealth Management LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 2,997.1% in the fourth quarter. Axxcess Wealth Management LLC now owns 176,625 shares of the company’s stock valued at $72,906,000 after acquiring an additional 170,922 shares in the last quarter. Align Financial LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at $66,959,000. Finally, M&T Bank Corp boosted its stake in shares of Vanguard Mega Cap Growth ETF by 18,386.1% during the fourth quarter. M&T Bank Corp now owns 137,906 shares of the company’s stock valued at $56,923,000 after acquiring an additional 137,160 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 1.0%

Vanguard Mega Cap Growth ETF stock opened at $84.35 on Friday. The stock has a 50-day moving average price of $87.04 and a 200 day moving average price of $81.96. Vanguard Mega Cap Growth ETF has a 52 week low of $70.32 and a 52 week high of $92.38. The stock has a market cap of $6.37 billion, a PE ratio of 37.33 and a beta of 1.24.

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.