JGP Wealth Management LLC Has $700,000 Stock Holdings in Vanguard Mega Cap Growth ETF $MGK

JGP Wealth Management LLC increased its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 395.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 7,967 shares of the company’s stock after buying an additional 6,358 shares during the period. JGP Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $700,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cornerstone Wealth Group LLC bought a new position in Vanguard Mega Cap Growth ETF during the first quarter worth about $3,191,000. Leelyn Smith LLC raised its stake in Vanguard Mega Cap Growth ETF by 6.1% in the 1st quarter. Leelyn Smith LLC now owns 152,036 shares of the company’s stock worth $55,864,000 after purchasing an additional 8,770 shares in the last quarter. WNY Asset Management LLC bought a new stake in Vanguard Mega Cap Growth ETF in the 1st quarter valued at about $3,133,000. Kestra Advisory Services LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 61.1% in the 1st quarter. Kestra Advisory Services LLC now owns 70,315 shares of the company’s stock valued at $25,836,000 after purchasing an additional 26,681 shares during the period. Finally, Diversify Wealth Management LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF during the 1st quarter worth approximately $6,372,000.

Vanguard Mega Cap Growth ETF Trading Down 0.4%

Shares of MGK opened at $90.07 on Thursday. Vanguard Mega Cap Growth ETF has a 12 month low of $70.32 and a 12 month high of $92.38. The firm’s 50 day moving average is $87.58 and its 200-day moving average is $82.86. The stock has a market capitalization of $33.88 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.