Concurrent Investment Advisors LLC Buys 1,149 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Concurrent Investment Advisors LLC grew its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,964 shares of the company’s stock after buying an additional 1,149 shares during the quarter. Concurrent Investment Advisors LLC owned 0.05% of Vanguard Mega Cap Growth ETF worth $11,579,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of MGK. Angeles Investment Advisors LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 105.4% in the second quarter. Angeles Investment Advisors LLC now owns 887,190 shares of the company’s stock worth $278,764,000 after buying an additional 455,250 shares in the last quarter. Prime Capital Investment Advisors LLC increased its stake in Vanguard Mega Cap Growth ETF by 4,572.4% in the second quarter. Prime Capital Investment Advisors LLC now owns 295,760 shares of the company’s stock valued at $92,931,000 after acquiring an additional 289,430 shares during the last quarter. Comerica Bank increased its position in shares of Vanguard Mega Cap Growth ETF by 325.4% during the 2nd quarter. Comerica Bank now owns 359,241 shares of the company’s stock valued at $112,877,000 after purchasing an additional 274,801 shares during the last quarter. Facet Wealth Inc. bought a new stake in Vanguard Mega Cap Growth ETF in the 1st quarter worth approximately $70,804,000. Finally, International Assets Investment Management LLC grew its position in Vanguard Mega Cap Growth ETF by 32,115.7% during the third quarter. International Assets Investment Management LLC now owns 129,185 shares of the company’s stock valued at $41,591,000 after acquiring an additional 128,784 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK stock traded up $4.32 on Wednesday, hitting $329.99. 88,140 shares of the company’s stock traded hands, compared to its average volume of 338,953. The stock has a market capitalization of $21.84 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The company’s fifty day simple moving average is $319.22 and its 200 day simple moving average is $308.44. Vanguard Mega Cap Growth ETF has a one year low of $236.36 and a one year high of $332.63.

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.