38,853 Shares of Vanguard Mega Cap Growth ETF $MGK Acquired by Sowell Financial Services LLC

Sowell Financial Services LLC acquired a new position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 38,853 shares of the company’s stock, valued at approximately $3,600,000.

Several other institutional investors have also recently added to or reduced their stakes in MGK. Elevation Wealth Partners LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 400.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 300 shares of the company’s stock valued at $26,000 after buying an additional 240 shares in the last quarter. Triumph Capital Management increased its position in shares of Vanguard Mega Cap Growth ETF by 398.5% in the second quarter. Triumph Capital Management now owns 334 shares of the company’s stock valued at $29,000 after acquiring an additional 267 shares during the period. Noble Wealth Management PBC raised its stake in shares of Vanguard Mega Cap Growth ETF by 400.0% during the second quarter. Noble Wealth Management PBC now owns 350 shares of the company’s stock valued at $31,000 after acquiring an additional 280 shares during the last quarter. GoalVest Advisory LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the second quarter valued at about $35,000. Finally, Montgomery Financial Services LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the second quarter valued at approximately $36,000.

Vanguard Mega Cap Growth ETF Trading Down 3.1%

NYSEARCA:MGK opened at $86.85 on Friday. Vanguard Mega Cap Growth ETF has a 12 month low of $70.32 and a 12 month high of $95.53. The company has a 50-day moving average price of $91.13 and a 200-day moving average price of $85.31. The stock has a market cap of $32.68 billion, a price-to-earnings 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.