Sequoia Financial Advisors LLC Has $457,000 Stock Position in Vanguard Mega Cap Growth ETF $MGK

Sequoia Financial Advisors LLC raised its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 77.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,248 shares of the company’s stock after buying an additional 546 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $457,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Dogwood Wealth Management LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $27,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 1st quarter worth approximately $32,000. Safe Harbor Fiduciary LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 1st quarter worth approximately $32,000. Valued Wealth Advisors LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 1st quarter worth approximately $42,000. Finally, Signaturefd LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 833.3% during the 2nd quarter. Signaturefd LLC now owns 140 shares of the company’s stock worth $51,000 after purchasing an additional 125 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 1.2%

Shares of NYSEARCA:MGK opened at $407.47 on Tuesday. Vanguard Mega Cap Growth ETF has a 1-year low of $262.65 and a 1-year high of $410.01. The firm has a market capitalization of $31.58 billion, a PE ratio of 37.33 and a beta of 1.11. The business’s 50 day moving average is $394.54 and its 200-day moving average is $361.91.

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.