Vanguard Mega Cap Growth ETF $MGK Shares Purchased by AE Wealth Management LLC

AE Wealth Management LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 181.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,589 shares of the company’s stock after acquiring an additional 12,619 shares during the period. AE Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $7,173,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Vestmark Advisory Solutions Inc. raised its holdings in shares of Vanguard Mega Cap Growth ETF by 159.9% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 74,226 shares of the company’s stock worth $27,179,000 after acquiring an additional 45,667 shares during the period. Brown Advisory Inc. increased its position in 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 purchasing an additional 315 shares during the last quarter. Alpine Bank Wealth Management purchased a new position in Vanguard Mega Cap Growth ETF during the second quarter worth about $77,000. Signaturefd LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 833.3% in the 2nd quarter. Signaturefd LLC now owns 140 shares of the company’s stock valued at $51,000 after purchasing an additional 125 shares during the last quarter. Finally, ST Germain D J Co. Inc. grew its stake in shares of Vanguard Mega Cap Growth ETF by 4.6% in the 2nd quarter. ST Germain D J Co. Inc. now owns 918 shares of the company’s stock valued at $336,000 after buying an additional 40 shares during the period.

Vanguard Mega Cap Growth ETF Stock Down 0.4%

MGK stock opened at $407.90 on Monday. The business has a fifty day moving average of $402.91 and a two-hundred day moving average of $374.48. The stock has a market cap of $31.62 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 52-week low of $262.65 and a 52-week high of $426.80.

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.