VSM Wealth Advisory LLC Takes Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

VSM Wealth Advisory LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,025 shares of the company’s stock, valued at approximately $352,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MGK. Bank of Jackson Hole Trust bought a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at $27,000. Mainstream Capital Management LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at $31,000. Copley Financial Group Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the third quarter valued at $33,000. Riggs Asset Managment Co. Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at $40,000. Finally, Pittenger & Anderson Inc. lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 25.0% during the fourth quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock valued at $52,000 after purchasing an additional 30 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

MGK stock opened at $310.98 on Wednesday. Vanguard Mega Cap Growth ETF has a fifty-two week low of $266.99 and a fifty-two week high of $358.64. The business’s 50-day moving average is $341.07 and its two-hundred day moving average is $335.21. The company has a market cap of $22.79 billion, a price-to-earnings ratio of 36.87 and a beta of 1.15.

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.