Almanack Investment Partners LLC. Takes $1.69 Million Position in Vanguard Mega Cap Growth ETF $MGK

Almanack Investment Partners LLC. purchased a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,619 shares of the company’s stock, valued at approximately $1,691,000.

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

Vanguard Mega Cap Growth ETF Price Performance

Vanguard Mega Cap Growth ETF stock opened at $394.96 on Monday. Vanguard Mega Cap Growth ETF has a 12 month low of $262.65 and a 12 month high of $410.01. The business has a 50 day simple moving average of $392.04 and a 200-day simple moving average of $357.74. The stock has a market capitalization of $30.61 billion, a PE ratio of 37.33 and a beta of 1.11.

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.