Sound Income Strategies LLC Acquires 1,582 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Sound Income Strategies LLC lifted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 37.9% in the 1st quarter, HoldingsChannel reports. The firm owned 5,758 shares of the company’s stock after acquiring an additional 1,582 shares during the period. Sound Income Strategies LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,779,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Bank of Jackson Hole Trust bought a new stake in Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $27,000. 1620 Investment Advisors Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at $30,000. Mainstream Capital Management LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at $31,000. Pittenger & Anderson Inc. lifted its stake in shares of Vanguard Mega Cap Growth ETF by 25.0% during the 4th quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock valued at $52,000 after buying an additional 30 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF in the 4th quarter worth $55,000.

Vanguard Mega Cap Growth ETF Stock Down 1.4%

NYSEARCA:MGK opened at $349.47 on Monday. The business’s 50-day simple moving average is $326.44 and its two-hundred day simple moving average is $334.07. The stock has a market cap of $25.99 billion, a PE ratio of 36.62 and a beta of 1.20. Vanguard Mega Cap Growth ETF has a 52 week low of $262.65 and a 52 week high of $358.64.

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.