Vanguard Mega Cap Growth ETF $MGK Stake Boosted by Strategic Investment Advisors MI

Strategic Investment Advisors MI grew its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 27.4% in the first quarter, HoldingsChannel.com reports. The firm owned 235,025 shares of the company’s stock after buying an additional 50,602 shares during the quarter. Vanguard Mega Cap Growth ETF comprises approximately 6.0% of Strategic Investment Advisors MI’s holdings, making the stock its 2nd largest holding. Strategic Investment Advisors MI’s holdings in Vanguard Mega Cap Growth ETF were worth $86,437,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Ancora Advisors LLC raised its holdings in Vanguard Mega Cap Growth ETF by 88.6% during the 3rd quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after buying an additional 31 shares during the last quarter. IFC & Insurance Marketing Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at about $32,000. Costello Asset Management INC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 116.3% during the fourth quarter. Costello Asset Management INC now owns 93 shares of the company’s stock worth $39,000 after purchasing an additional 50 shares during the period. Newbridge Financial Services Group Inc. boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 350.0% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 99 shares of the company’s stock worth $41,000 after purchasing an additional 77 shares during the period. Finally, Birchbrook Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth about $43,000.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA MGK opened at $83.11 on Thursday. Vanguard Mega Cap Growth ETF has a 1 year low of $70.32 and a 1 year high of $92.38. The stock has a market capitalization of $31.27 billion, a PE ratio of 37.33 and a beta of 1.24. The business’s 50-day moving average is $87.69 and its 200 day moving average is $82.66.

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.