R2 Capital Strategies LLC Acquires 6,017 Shares of Vanguard Mega Cap Growth ETF $MGK

R2 Capital Strategies LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.4% in the third quarter, Holdings Channel reports. The institutional investor owned 180,502 shares of the company’s stock after purchasing an additional 6,017 shares during the period. Vanguard Mega Cap Growth ETF accounts for approximately 7.2% of R2 Capital Strategies LLC’s portfolio, making the stock its 2nd biggest position. R2 Capital Strategies LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $16,723,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Concurrent Investment Advisors LLC raised its holdings in Vanguard Mega Cap Growth ETF by 328.2% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 236,260 shares of the company’s stock worth $20,770,000 after acquiring an additional 181,082 shares during the last quarter. HB Wealth Management LLC lifted its position in Vanguard Mega Cap Growth ETF by 401.1% in the 2nd quarter. HB Wealth Management LLC now owns 379,143 shares of the company’s stock valued at $33,331,000 after acquiring an additional 303,479 shares in the last quarter. Accel Wealth Management lifted its position in Vanguard Mega Cap Growth ETF by 387.7% in the 2nd quarter. Accel Wealth Management now owns 9,890 shares of the company’s stock valued at $869,000 after acquiring an additional 7,862 shares in the last quarter. RFG Advisory LLC lifted its position in Vanguard Mega Cap Growth ETF by 264.5% in the 2nd quarter. RFG Advisory LLC now owns 13,912 shares of the company’s stock valued at $1,223,000 after acquiring an additional 10,095 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its stake in Vanguard Mega Cap Growth ETF by 473.3% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 8,525 shares of the company’s stock valued at $749,000 after purchasing an additional 7,038 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.2%

Shares of MGK opened at $92.07 on Friday. The company has a market cap of $34.64 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24. The business’s fifty day simple moving average is $91.18 and its two-hundred day simple moving average is $87.57. Vanguard Mega Cap Growth ETF has a 12 month low of $70.32 and a 12 month high of $95.53.

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.