49 Wealth Management LLC Acquires 74 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

49 Wealth Management LLC grew its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 7.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,007 shares of the company’s stock after acquiring an additional 74 shares during the quarter. 49 Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $324,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Assetmark Inc. boosted its position in shares of Vanguard Mega Cap Growth ETF by 3.8% during the third quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock worth $2,399,580,000 after buying an additional 271,905 shares during the period. Cassaday & Co Wealth Management LLC increased its stake in Vanguard Mega Cap Growth ETF by 2.1% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 3,574,349 shares of the company’s stock valued at $1,150,762,000 after buying an additional 74,966 shares during the last quarter. LPL Financial LLC lifted its position in Vanguard Mega Cap Growth ETF by 7.7% during the 2nd quarter. LPL Financial LLC now owns 960,362 shares of the company’s stock worth $301,755,000 after buying an additional 68,840 shares in the last quarter. Angeles Investment Advisors LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 105.4% during the 2nd 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 during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Vanguard Mega Cap Growth ETF by 0.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 566,062 shares of the company’s stock valued at $182,244,000 after acquiring an additional 2,623 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

MGK opened at $335.86 on Friday. The business’s 50-day simple moving average is $326.08 and its 200 day simple moving average is $313.11. The firm has a market capitalization of $22.23 billion, a PE ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52-week low of $246.18 and a 52-week high of $342.22.

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.