Vanguard Mega Cap Growth ETF Stock to Split on Tuesday, April 21st (NYSEARCA:MGK)

Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) shares are set to split on the morning of Tuesday, April 21st. The 5-1 split was announced on Thursday, March 26th. The newly issued shares will be payable to shareholders after the closing bell on Monday, April 20th.

Vanguard Mega Cap Growth ETF Trading Up 0.4%

MGK opened at $387.61 on Monday. The stock has a 50-day moving average of $383.32 and a 200 day moving average of $400.71. Vanguard Mega Cap Growth ETF has a 12 month low of $280.76 and a 12 month high of $426.80. The firm has a market cap of $29.25 billion, a P/E ratio of 37.33 and a beta of 1.22.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Assetmark Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 1.0% during the 4th quarter. Assetmark Inc. now owns 8,590,832 shares of the company’s stock worth $3,546,038,000 after purchasing an additional 87,636 shares during the last quarter. Morgan Stanley raised its position in shares of Vanguard Mega Cap Growth ETF by 11.7% during the 4th quarter. Morgan Stanley now owns 2,651,172 shares of the company’s stock worth $1,094,325,000 after purchasing an additional 277,446 shares during the last quarter. Captrust Financial Advisors raised its position in shares of Vanguard Mega Cap Growth ETF by 0.9% during the 2nd quarter. Captrust Financial Advisors now owns 1,668,738 shares of the company’s stock worth $611,042,000 after purchasing an additional 15,432 shares during the last quarter. LPL Financial LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 0.4% during the 4th quarter. LPL Financial LLC now owns 1,173,852 shares of the company’s stock worth $484,531,000 after purchasing an additional 5,134 shares during the last quarter. Finally, UBS Group AG raised its position in shares of Vanguard Mega Cap Growth ETF by 0.8% during the 4th quarter. UBS Group AG now owns 1,100,021 shares of the company’s stock worth $454,056,000 after purchasing an additional 9,098 shares during the last quarter.

About Vanguard Mega Cap Growth ETF

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.