Principle Wealth Partners LLC Invests $398,000 in Vanguard Mega Cap Growth ETF $MGK

Principle Wealth Partners LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 1,088 shares of the company’s stock, valued at approximately $398,000.

Several other large investors have also modified their holdings of the stock. Hazlett Burt & Watson Inc. lifted its holdings in shares of 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 acquiring an additional 28 shares during the period. MGO One Seven LLC lifted its holdings in shares of 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 worth $2,355,000 after acquiring an additional 28 shares during the period. Venture Visionary Partners LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 3.9% during the 1st quarter. Venture Visionary Partners LLC now owns 806 shares of the company’s stock worth $249,000 after acquiring an additional 30 shares during the period. Perigon Wealth Management LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 2.8% during the 2nd quarter. Perigon Wealth Management LLC now owns 1,170 shares of the company’s stock worth $428,000 after acquiring an additional 32 shares during the period. Finally, Wood Tarver Financial Group LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 17.9% during the 1st quarter. Wood Tarver Financial Group LLC now owns 231 shares of the company’s stock worth $71,000 after acquiring an additional 35 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA MGK opened at $407.63 on Friday. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year high of $410.01. The company’s 50 day moving average price is $395.59 and its 200 day moving average price is $363.41. The firm has a market capitalization of $31.60 billion, a price-to-earnings ratio of 37.33 and a beta of 1.11.

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.