Forvis Mazars Wealth Advisors LLC lifted its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK – Free Report) by 58.1% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,663 shares of the company’s stock after buying an additional 611 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $609,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in MGK. Sequoia Financial Advisors LLC acquired a new position in Vanguard Mega Cap Growth ETF in the 1st quarter valued at approximately $217,000. Brown Advisory Inc. increased its holdings in Vanguard Mega Cap Growth ETF by 7.3% in the first quarter. Brown Advisory Inc. now owns 4,601 shares of the company’s stock valued at $1,421,000 after purchasing an additional 315 shares during the period. QRG Capital Management Inc. bought a new position in Vanguard Mega Cap Growth ETF during the 1st quarter worth $464,000. Signaturefd LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 833.3% during the 2nd quarter. Signaturefd LLC now owns 140 shares of the company’s stock worth $51,000 after buying an additional 125 shares during the period. Finally, Maridea Wealth Management LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 45.3% during the 2nd quarter. Maridea Wealth Management LLC now owns 1,488 shares of the company’s stock worth $545,000 after buying an additional 464 shares during the period.
Vanguard Mega Cap Growth ETF Trading Up 0.7%
Shares of MGK stock opened at $402.66 on Monday. Vanguard Mega Cap Growth ETF has a 1-year low of $262.65 and a 1-year high of $410.01. The stock has a market cap of $31.21 billion, a price-to-earnings ratio of 37.33 and a beta of 1.11. The stock has a 50-day moving average of $394.08 and a 200-day moving average of $361.01.
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.
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