Vanguard Mega Cap Growth ETF $MGK Shares Purchased by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC boosted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,400 shares of the company’s stock after acquiring an additional 69 shares during the period. Sagespring Wealth Partners LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $879,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Dogwood Wealth Management LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at about $27,000. Redmont Wealth Advisors LLC acquired a new stake in Vanguard Mega Cap Growth ETF during the first quarter valued at approximately $32,000. Safe Harbor Fiduciary LLC acquired a new stake in Vanguard Mega Cap Growth ETF during the first quarter valued at approximately $32,000. Valued Wealth Advisors LLC acquired a new stake in Vanguard Mega Cap Growth ETF during the first quarter valued at approximately $42,000. Finally, Garde Capital Inc. acquired a new stake in Vanguard Mega Cap Growth ETF during the first quarter valued at approximately $49,000.

Vanguard Mega Cap Growth ETF Trading Up 0.6%

MGK stock opened at $401.55 on Thursday. The firm has a market cap of $31.12 billion, a P/E ratio of 37.33 and a beta of 1.11. Vanguard Mega Cap Growth ETF has a 12-month low of $262.65 and a 12-month high of $410.01. The stock’s 50 day simple moving average is $393.37 and its 200 day simple moving average is $358.97.

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.