Private Advisor Group LLC Acquires 2,932 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Private Advisor Group LLC increased its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 16.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,883 shares of the company’s stock after acquiring an additional 2,932 shares during the period. Private Advisor Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $5,419,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Wealthcare Advisory Partners LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 55.8% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 8,203 shares of the company’s stock valued at $2,129,000 after acquiring an additional 2,938 shares in the last quarter. Spire Wealth Management grew its holdings in shares of Vanguard Mega Cap Growth ETF by 18.9% in the fourth quarter. Spire Wealth Management now owns 1,884 shares of the company’s stock valued at $505,000 after acquiring an additional 300 shares in the last quarter. Avalon Trust Co bought a new position in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $686,000. TCG Advisory Services LLC bought a new position in Vanguard Mega Cap Growth ETF during the fourth quarter valued at $736,000. Finally, Axxcess Wealth Management LLC grew its holdings in Vanguard Mega Cap Growth ETF by 82.4% during the fourth quarter. Axxcess Wealth Management LLC now owns 39,097 shares of the company’s stock valued at $10,146,000 after purchasing an additional 17,661 shares during the period.

Vanguard Mega Cap Growth ETF Trading Down 0.1 %

Shares of NYSEARCA MGK opened at $284.80 on Thursday. The stock has a fifty day simple moving average of $282.40 and a two-hundred day simple moving average of $266.24. Vanguard Mega Cap Growth ETF has a 1-year low of $208.16 and a 1-year high of $291.40. The firm has a market cap of $18.94 billion, a price-to-earnings ratio of 40.90 and a beta of 1.26.

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.