Allworth Financial LP Grows Stock Holdings in Vanguard Mega Cap Growth ETF $MGK

Allworth Financial LP lifted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 12.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,022 shares of the company’s stock after buying an additional 432 shares during the quarter. Allworth Financial LP’s holdings in Vanguard Mega Cap Growth ETF were worth $1,473,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 139.5% in the fourth quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock valued at $518,000 after acquiring an additional 879 shares during the period. Bridgewater Advisors Inc. purchased a new stake in Vanguard Mega Cap Growth ETF in the first quarter worth $205,000. Summit X LLC increased its stake in Vanguard Mega Cap Growth ETF by 28.2% in the 1st quarter. Summit X LLC now owns 1,250 shares of the company’s stock worth $386,000 after buying an additional 275 shares during the period. Kingsview Wealth Management LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 2.0% during the first quarter. Kingsview Wealth Management LLC now owns 29,813 shares of the company’s stock worth $9,208,000 after acquiring an additional 597 shares during the period. Finally, Retirement Planning Co of New England Inc. bought a new position in Vanguard Mega Cap Growth ETF in the first quarter worth approximately $247,000.

Vanguard Mega Cap Growth ETF Trading Down 2.1%

Shares of MGK stock opened at $407.87 on Friday. The stock has a market capitalization of $31.61 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a twelve month low of $262.65 and a twelve month high of $426.80. The stock has a fifty day simple moving average of $405.37 and a two-hundred day simple moving average of $376.48.

Vanguard Mega Cap Growth ETF Company 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.