Stonebridge Financial Group LLC Buys New Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Stonebridge Financial Group LLC purchased a new position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 962 shares of the company’s stock, valued at approximately $330,000.

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

Vanguard Mega Cap Growth ETF Stock Down 0.2 %

Vanguard Mega Cap Growth ETF stock opened at $351.73 on Wednesday. Vanguard Mega Cap Growth ETF has a 52-week low of $266.99 and a 52-week high of $358.61. The firm’s fifty day moving average is $349.22 and its 200 day moving average is $330.18. The company has a market cap of $23.28 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28.

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.