Vanguard Mega Cap Growth ETF (MGK) to Issue Quarterly Dividend of $0.08 on September 30th

Vanguard Mega Cap Growth ETF (NYSEARCA:MGK – Get Free Report) declared a quarterly dividend on Tuesday, January 27th. Investors of record on Monday, September 28th will be given a dividend of $0.0765 per share on Wednesday, September 30th. This represents a $0.31 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, September 28th. This is a 8.4% decrease from Vanguard Mega Cap Growth ETF’s previous quarterly dividend of $0.0835.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK stock opened at $93.37 on Friday. The stock’s fifty day moving average is $89.27 and its two-hundred day moving average is $85.73. The firm has a market capitalization of $34.80 billion, a P/E ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a fifty-two week low of $70.32 and a fifty-two week high of $93.76.

Institutional Investors Weigh In On Vanguard Mega Cap Growth ETF

A number of hedge funds have recently modified their holdings of MGK. Atomic Invest LLC lifted its stake in Vanguard Mega Cap Growth ETF by 2,835.5% in the 2nd quarter. Atomic Invest LLC now owns 6,458 shares of the company’s stock worth $558,000 after purchasing an additional 6,238 shares in the last quarter. QRG Capital Management Inc. grew its position in shares of Vanguard Mega Cap Growth ETF by 1,152.6% in the second quarter. QRG Capital Management Inc. now owns 10,146 shares of the company’s stock valued at $892,000 after purchasing an additional 9,336 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in Vanguard Mega Cap Growth ETF by 449.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 5,665 shares of the company’s stock worth $498,000 after buying an additional 4,634 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Vanguard Mega Cap Growth ETF by 399.7% during the second quarter. Envestnet Asset Management Inc. now owns 3,554,068 shares of the company’s stock worth $312,423,000 after buying an additional 2,842,779 shares in the last quarter. Finally, Silicon Valley Capital Partners boosted its stake in Vanguard Mega Cap Growth ETF by 391.6% during the second quarter. Silicon Valley Capital Partners now owns 45,833 shares of the company’s stock worth $4,029,000 after buying an additional 36,509 shares during the last quarter.

Vanguard Mega Cap Growth ETF Company Profile

(Get Free Report)

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.

See Also

Dividend History for Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

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