XY Planning Network Inc. Makes New Investment in Vanguard Mega Cap Growth ETF $MGK

XY Planning Network Inc. bought a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,430 shares of the company’s stock, valued at approximately $503,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Allied Investment Advisors LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 9.6% during the 3rd quarter. Allied Investment Advisors LLC now owns 4,861 shares of the company’s stock worth $450,000 after purchasing an additional 425 shares in the last quarter. Signal Advisors Wealth LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 31.5% during the 3rd quarter. Signal Advisors Wealth LLC now owns 19,524 shares of the company’s stock valued at $1,809,000 after buying an additional 4,676 shares during the last quarter. Ifrah Financial Services Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter valued at about $5,429,000. Forvis Mazars Wealth Advisors LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at approximately $752,000. Finally, Steel Grove Capital Advisors LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at approximately $2,057,000.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA:MGK opened at $92.23 on Thursday. The stock’s 50 day moving average price is $91.14 and its 200 day moving average price is $87.42. Vanguard Mega Cap Growth ETF has a 52 week low of $70.32 and a 52 week high of $95.53. The company has a market capitalization of $34.70 billion, a P/E ratio of 37.33 and a beta of 1.24.

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.