Vanguard Mega Cap Growth ETF $MGK Shares Bought by Resolute Advisors LLC

Resolute Advisors LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 400.5% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 126,108 shares of the company’s stock after purchasing an additional 100,911 shares during the quarter. Vanguard Mega Cap Growth ETF comprises approximately 2.7% of Resolute Advisors LLC’s holdings, making the stock its 6th biggest position. Resolute Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $11,086,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Elevation Wealth Partners LLC raised its stake in Vanguard Mega Cap Growth ETF by 400.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 300 shares of the company’s stock valued at $26,000 after acquiring an additional 240 shares during the period. Ancora Advisors LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 88.6% during the 3rd quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after purchasing an additional 31 shares during the last quarter. Triumph Capital Management boosted its position in Vanguard Mega Cap Growth ETF by 398.5% during the second quarter. Triumph Capital Management now owns 334 shares of the company’s stock worth $29,000 after purchasing an additional 267 shares during the period. Noble Wealth Management PBC boosted its position in Vanguard Mega Cap Growth ETF by 400.0% during the second quarter. Noble Wealth Management PBC now owns 350 shares of the company’s stock worth $31,000 after purchasing an additional 280 shares during the period. Finally, IFC & Insurance Marketing Inc. acquired a new position in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at $32,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK opened at $89.04 on Wednesday. The firm has a market capitalization of $33.50 billion, a PE ratio of 37.33 and a beta of 1.24. The company’s 50-day moving average is $88.03 and its 200-day moving average is $84.11. Vanguard Mega Cap Growth ETF has a fifty-two week low of $70.32 and a fifty-two week high of $92.38.

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.