Vanguard Mega Cap Growth ETF $MGK Position Increased by Merit Financial Group LLC

Merit Financial Group LLC raised its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 50.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 539,030 shares of the company’s stock after purchasing an additional 181,203 shares during the quarter. Vanguard Mega Cap Growth ETF comprises 2.0% of Merit Financial Group LLC’s holdings, making the stock its 5th biggest position. Merit Financial Group LLC owned approximately 0.70% of Vanguard Mega Cap Growth ETF worth $216,916,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in MGK. U.S. Capital Wealth Advisors LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 1.3% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 1,936 shares of the company’s stock valued at $779,000 after acquiring an additional 25 shares during the period. Hazlett Burt & Watson Inc. raised its position in Vanguard Mega Cap Growth ETF by 2.2% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,326 shares of the company’s stock worth $488,000 after buying an additional 28 shares during the last quarter. MGO One Seven LLC lifted its stake in Vanguard Mega Cap Growth ETF by 0.4% during the 2nd quarter. MGO One Seven LLC now owns 6,431 shares of the company’s stock valued at $2,355,000 after acquiring an additional 28 shares during the period. Keybank National Association OH lifted its stake in Vanguard Mega Cap Growth ETF by 0.5% during the 2nd quarter. Keybank National Association OH now owns 5,449 shares of the company’s stock valued at $1,995,000 after acquiring an additional 28 shares during the period. Finally, Perigon Wealth Management LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 2.8% in the 2nd quarter. Perigon Wealth Management LLC now owns 1,170 shares of the company’s stock valued at $428,000 after acquiring an additional 32 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of Vanguard Mega Cap Growth ETF stock opened at $416.00 on Wednesday. The firm has a fifty day moving average price of $412.93 and a 200 day moving average price of $393.90. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $426.80. The stock has a market cap of $32.24 billion, a PE ratio of 37.33 and a beta of 1.18.

About Vanguard Mega Cap Growth ETF

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.