Signaturefd LLC Raises Stake in Vanguard Mega Cap Growth ETF $MGK

Signaturefd LLC raised its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 833.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 140 shares of the company’s stock after purchasing an additional 125 shares during the quarter. Signaturefd LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $51,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Sequoia Financial Advisors LLC purchased a new position in Vanguard Mega Cap Growth ETF during the first quarter valued at approximately $217,000. Brown Advisory Inc. boosted its position in shares of Vanguard Mega Cap Growth ETF by 7.3% during the first quarter. Brown Advisory Inc. now owns 4,601 shares of the company’s stock worth $1,421,000 after acquiring an additional 315 shares during the last quarter. QRG Capital Management Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the first quarter worth $464,000. Park Avenue Securities LLC boosted its position in shares of Vanguard Mega Cap Growth ETF by 23.0% during the first quarter. Park Avenue Securities LLC now owns 1,826 shares of the company’s stock worth $564,000 after acquiring an additional 341 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Vanguard Mega Cap Growth ETF by 0.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 184,669 shares of the company’s stock worth $57,041,000 after acquiring an additional 969 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA:MGK opened at $407.21 on Tuesday. The firm has a fifty day moving average price of $389.94 and a 200 day moving average price of $355.42. Vanguard Mega Cap Growth ETF has a fifty-two week low of $262.65 and a fifty-two week high of $408.13. The firm has a market cap of $31.56 billion, a price-to-earnings 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.