Eclectic Associates Inc. ADV Makes New Investment in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Eclectic Associates Inc. ADV purchased a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 5,779 shares of the company’s stock, valued at approximately $1,985,000.

Several other institutional investors have also recently made changes to their positions in MGK. Gateway Wealth Partners LLC increased its position in Vanguard Mega Cap Growth ETF by 0.9% in the third quarter. Gateway Wealth Partners LLC now owns 3,361 shares of the company’s stock worth $1,082,000 after buying an additional 31 shares in the last quarter. Strategic Blueprint LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 2.2% during the 3rd quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock valued at $622,000 after acquiring an additional 42 shares during the period. First Financial Bankshares Inc increased its holdings in Vanguard Mega Cap Growth ETF by 6.0% in the 3rd quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock worth $250,000 after acquiring an additional 44 shares in the last quarter. Trilogy Capital Inc. increased its holdings in Vanguard Mega Cap Growth ETF by 7.4% in the 3rd quarter. Trilogy Capital Inc. now owns 730 shares of the company’s stock worth $235,000 after acquiring an additional 50 shares in the last quarter. Finally, AdvisorNet Financial Inc raised its stake in Vanguard Mega Cap Growth ETF by 4.8% during the 4th quarter. AdvisorNet Financial Inc now owns 1,198 shares of the company’s stock worth $412,000 after acquiring an additional 55 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

MGK opened at $353.62 on Friday. The company has a 50 day simple moving average of $346.42 and a two-hundred day simple moving average of $327.25. The firm has a market cap of $23.41 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 1-year low of $265.99 and a 1-year high of $358.61.

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.