Royal Fund Management LLC Has $8.93 Million Position in Vanguard Mega Cap Growth ETF $MGK

Royal Fund Management LLC grew its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 22.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 21,591 shares of the company’s stock after purchasing an additional 3,980 shares during the quarter. Royal Fund Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $8,928,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in MGK. Vantagepoint Investment Advisers LLC bought a new stake in Vanguard Mega Cap Growth ETF during the 3rd quarter valued at approximately $335,586,000. Assetmark Inc. grew its holdings in Vanguard Mega Cap Growth ETF by 7.0% in the 3rd quarter. Assetmark Inc. now owns 8,503,196 shares of the company’s stock valued at $3,421,856,000 after buying an additional 558,602 shares during the last quarter. Osaic Holdings Inc. increased its position in Vanguard Mega Cap Growth ETF by 383.6% in the 2nd quarter. Osaic Holdings Inc. now owns 623,866 shares of the company’s stock worth $228,441,000 after buying an additional 494,855 shares during the period. Merit Financial Group LLC increased its position in Vanguard Mega Cap Growth ETF by 50.6% in the 3rd quarter. Merit Financial Group LLC now owns 539,030 shares of the company’s stock worth $216,916,000 after buying an additional 181,203 shares during the period. Finally, UBS Group AG lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 12.6% during the third quarter. UBS Group AG now owns 1,090,923 shares of the company’s stock worth $439,009,000 after buying an additional 122,275 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.5%

Shares of Vanguard Mega Cap Growth ETF stock opened at $353.49 on Tuesday. The company’s fifty day simple moving average is $388.82 and its 200-day simple moving average is $402.16. The company has a market cap of $27.73 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 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.