Orion Porfolio Solutions LLC Grows Position in Vanguard Mega Cap Growth ETF $MGK

Orion Porfolio Solutions LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 55.4% during the second quarter, according to its most recent filing with the SEC. The firm owned 12,921 shares of the company’s stock after purchasing an additional 4,607 shares during the period. Orion Porfolio Solutions LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $4,731,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of MGK. Dogwood Wealth Management LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the second quarter valued at approximately $27,000. Harbor Asset Planning Inc. purchased a new stake in Vanguard Mega Cap Growth ETF during the second quarter worth $28,000. Atlantic Union Bankshares Corp purchased a new stake in Vanguard Mega Cap Growth ETF during the second quarter worth $30,000. Safe Harbor Fiduciary LLC bought a new stake in Vanguard Mega Cap Growth ETF during the 1st quarter valued at $32,000. Finally, Dynamic Wealth Strategies LLC bought a new stake in Vanguard Mega Cap Growth ETF during the 2nd quarter valued at $44,000.

Vanguard Mega Cap Growth ETF Trading Up 0.4%

Shares of NYSEARCA:MGK opened at $409.45 on Wednesday. The company has a market capitalization of $31.74 billion, a PE ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 12-month low of $262.65 and a 12-month high of $426.80. The business’s fifty day simple moving average is $410.70 and its 200-day simple moving average is $389.46.

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.