Delta Financial Group Inc. Buys Shares of 745 Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Delta Financial Group Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 745 shares of the company’s stock, valued at approximately $256,000.

Several other hedge funds have also recently modified their holdings of MGK. Assetmark Inc. increased its position in Vanguard Mega Cap Growth ETF by 3.8% during the 3rd quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock worth $2,399,580,000 after purchasing an additional 271,905 shares during the period. Cassaday & Co Wealth Management LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 2.1% in the third quarter. Cassaday & Co Wealth Management LLC now owns 3,574,349 shares of the company’s stock valued at $1,150,762,000 after buying an additional 74,966 shares in the last quarter. Captrust Financial Advisors grew its holdings in Vanguard Mega Cap Growth ETF by 756.3% during the third quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock worth $513,465,000 after acquiring an additional 1,408,609 shares during the period. World Investment Advisors LLC raised its position in Vanguard Mega Cap Growth ETF by 36,249.8% in the third quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock worth $204,331,000 after acquiring an additional 632,921 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in Vanguard Mega Cap Growth ETF by 0.5% in the third quarter. PNC Financial Services Group Inc. now owns 566,062 shares of the company’s stock valued at $182,244,000 after acquiring an additional 2,623 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA MGK opened at $347.93 on Monday. Vanguard Mega Cap Growth ETF has a one year low of $266.99 and a one year high of $358.64. The firm has a market capitalization of $25.55 billion, a P/E ratio of 41.72 and a beta of 1.13. The company’s fifty day moving average is $349.67 and its two-hundred day moving average is $333.51.

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.