Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Position Boosted by Huntington National Bank

Huntington National Bank raised its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 45.6% during the 4th quarter, Holdings Channel reports. The fund owned 1,379 shares of the company’s stock after purchasing an additional 432 shares during the period. Huntington National Bank’s holdings in Vanguard Mega Cap Growth ETF were worth $474,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. LPL Financial LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 14.5% in the fourth quarter. LPL Financial LLC now owns 1,080,875 shares of the company’s stock worth $371,183,000 after purchasing an additional 136,586 shares during the period. World Investment Advisors LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 36,249.8% during the 3rd quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock worth $204,331,000 after buying an additional 632,921 shares in the last quarter. Angeles Wealth Management LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 5.3% in the 4th quarter. Angeles Wealth Management LLC now owns 518,675 shares of the company’s stock worth $178,118,000 after acquiring an additional 26,072 shares during the period. Proficio Capital Partners LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 34,241.0% in the fourth quarter. Proficio Capital Partners LLC now owns 393,204 shares of the company’s stock valued at $135,030,000 after acquiring an additional 392,059 shares in the last quarter. Finally, Facet Wealth Inc. increased its stake in shares of Vanguard Mega Cap Growth ETF by 1.6% during the fourth quarter. Facet Wealth Inc. now owns 295,312 shares of the company’s stock valued at $102,972,000 after acquiring an additional 4,516 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

MGK opened at $277.82 on Friday. Vanguard Mega Cap Growth ETF has a 1-year low of $266.99 and a 1-year high of $358.64. The company has a market capitalization of $20.25 billion, a price-to-earnings ratio of 35.83 and a beta of 1.15. The business has a 50 day moving average price of $332.04 and a two-hundred day moving average price of $335.13.

Vanguard Mega Cap Growth ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.3397 per share. The ex-dividend date was Thursday, March 27th. This is a boost from Vanguard Mega Cap Growth ETF’s previous dividend of $0.31.

Vanguard Mega Cap Growth ETF Company 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.