Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Reaches New 1-Year Low – Here’s What Happened

Vanguard Mega Cap Growth ETF (NYSEARCA:MGKGet Free Report) hit a new 52-week low on Monday . The stock traded as low as $262.66 and last traded at $264.01, with a volume of 276463 shares trading hands. The stock had previously closed at $277.82.

Vanguard Mega Cap Growth ETF Stock Performance

The business has a 50 day simple moving average of $332.04 and a 200-day simple moving average of $335.44. The firm has a market cap of $20.25 billion, a price-to-earnings ratio of 35.83 and a beta of 1.15.

Vanguard Mega Cap Growth ETF Increases Dividend

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Bank of Jackson Hole Trust purchased a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at about $27,000. 1620 Investment Advisors Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the 4th quarter valued at approximately $30,000. Mainstream Capital Management LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth approximately $31,000. Copley Financial Group Inc. purchased a new position in Vanguard Mega Cap Growth ETF during the 3rd quarter valued at about $33,000. Finally, Riggs Asset Managment Co. Inc. bought a new position in Vanguard Mega Cap Growth ETF in the 4th quarter worth about $40,000.

Vanguard Mega Cap Growth ETF Company Profile

(Get Free Report)

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.

Further Reading

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