Mather Group LLC. Buys Shares of 1,643 Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Mather Group LLC. purchased a new position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,643 shares of the company’s stock, valued at approximately $426,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Silver Oak Securities Incorporated grew its position in Vanguard Mega Cap Growth ETF by 64.5% in the fourth quarter. Silver Oak Securities Incorporated now owns 22,136 shares of the company’s stock worth $5,744,000 after buying an additional 8,683 shares during the last quarter. Cedar Point Capital Partners LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at $9,118,000. ODonnell Financial Services LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at $6,237,000. Valmark Advisers Inc. increased its stake in Vanguard Mega Cap Growth ETF by 4.2% in the 4th quarter. Valmark Advisers Inc. now owns 7,975 shares of the company’s stock valued at $2,070,000 after buying an additional 320 shares during the period. Finally, Gilliland Jeter Wealth Management LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at $1,311,000.

Vanguard Mega Cap Growth ETF Price Performance

MGK opened at $272.76 on Thursday. The company has a market capitalization of $18.14 billion, a PE ratio of 40.90 and a beta of 1.26. The business has a 50-day moving average of $282.51 and a 200-day moving average of $264.39. Vanguard Mega Cap Growth ETF has a fifty-two week low of $203.58 and a fifty-two week high of $291.40.

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.