Independent Financial Group LLC Purchases New Holdings in Vanguard Mega Cap Growth ETF $MGK

Independent Financial Group LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 20,986 shares of the company’s stock, valued at approximately $7,711,000.

A number of other hedge funds have also bought and sold shares of MGK. TFR Capital LLC. grew its stake in Vanguard Mega Cap Growth ETF by 2.7% in the 4th quarter. TFR Capital LLC. now owns 961 shares of the company’s stock valued at $397,000 after purchasing an additional 25 shares during the period. First Horizon Corp raised its stake in shares of Vanguard Mega Cap Growth ETF by 0.7% during the 4th quarter. First Horizon Corp now owns 3,383 shares of the company’s stock worth $1,396,000 after purchasing an additional 25 shares during the period. New England Capital Financial Advisors LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 16.9% during the 4th quarter. New England Capital Financial Advisors LLC now owns 173 shares of the company’s stock worth $71,000 after purchasing an additional 25 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 1.8% in the 4th quarter. Sequoia Financial Advisors LLC now owns 1,487 shares of the company’s stock worth $614,000 after buying an additional 26 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 18.0% in the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 177 shares of the company’s stock worth $73,000 after buying an additional 27 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

MGK opened at $88.18 on Friday. The firm has a market cap of $33.17 billion, a P/E ratio of 37.33 and a beta of 1.24. The firm has a 50-day moving average of $88.18 and a 200 day moving average of $82.48. Vanguard Mega Cap Growth ETF has a fifty-two week low of $63.74 and a fifty-two week high of $92.38.

Vanguard Mega Cap Growth ETF Company 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.