Fusion Capital LLC Makes New Investment in Vanguard Mega Cap Growth ETF $MGK

Fusion Capital LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 1,343 shares of the company’s stock, valued at approximately $565,000.

Several other large investors have also made changes to their positions in MGK. Vantagepoint Investment Advisers LLC bought a new position in Vanguard Mega Cap Growth ETF during the third quarter valued at approximately $335,586,000. Osaic Holdings Inc. increased its stake in shares of Vanguard Mega Cap Growth ETF by 383.6% during the 2nd quarter. Osaic Holdings Inc. now owns 623,866 shares of the company’s stock worth $228,441,000 after purchasing an additional 494,855 shares during the last quarter. Kensington Asset Management LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter valued at $95,863,000. Assetmark Inc. raised its holdings in shares of Vanguard Mega Cap Growth ETF by 2.9% during the 2nd quarter. Assetmark Inc. now owns 7,944,594 shares of the company’s stock valued at $2,909,072,000 after purchasing an additional 227,615 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 6.0% in the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 3,737,341 shares of the company’s stock valued at $1,368,502,000 after purchasing an additional 211,907 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 1.4%

Shares of NYSEARCA:MGK opened at $392.43 on Thursday. The stock has a market capitalization of $30.78 billion, a PE ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $426.80. The firm has a fifty day moving average price of $411.39 and a 200 day moving average price of $401.91.

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.