Cary Street Partners Financial LLC Acquires Shares of 2,094 Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Cary Street Partners Financial LLC bought a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,094 shares of the company’s stock, valued at approximately $719,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Diversified Trust Co grew its stake in shares of Vanguard Mega Cap Growth ETF by 80.7% during the 4th quarter. Diversified Trust Co now owns 1,319 shares of the company’s stock worth $453,000 after purchasing an additional 589 shares during the period. Praetorian Wealth Management Inc. purchased a new position in Vanguard Mega Cap Growth ETF in the fourth quarter valued at $258,000. HBW Advisory Services LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 6.3% in the fourth quarter. HBW Advisory Services LLC now owns 1,186 shares of the company’s stock worth $407,000 after acquiring an additional 70 shares during the period. City State Bank boosted its stake in shares of Vanguard Mega Cap Growth ETF by 7.6% during the 4th quarter. City State Bank now owns 1,546 shares of the company’s stock worth $531,000 after acquiring an additional 109 shares in the last quarter. Finally, Brookstone Capital Management grew its position in shares of Vanguard Mega Cap Growth ETF by 12.1% during the 4th quarter. Brookstone Capital Management now owns 12,745 shares of the company’s stock valued at $4,377,000 after acquiring an additional 1,377 shares during the period.

Vanguard Mega Cap Growth ETF Trading Up 0.8 %

NYSEARCA MGK opened at $323.65 on Friday. The stock has a market capitalization of $23.70 billion, a price-to-earnings ratio of 36.41 and a beta of 1.20. The stock has a 50-day moving average of $308.63 and a 200 day moving average of $331.77. Vanguard Mega Cap Growth ETF has a twelve month low of $262.65 and a twelve month high of $358.64.

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.