Avantax Advisory Services Inc. Has $11.79 Million Stock Holdings in Vanguard Mega Cap Growth ETF $MGK

Avantax Advisory Services Inc. boosted its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 42.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,194 shares of the company’s stock after buying an additional 9,667 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $11,789,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vestmark Advisory Solutions Inc. boosted its position in shares of Vanguard Mega Cap Growth ETF by 159.9% in the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 74,226 shares of the company’s stock worth $27,179,000 after purchasing an additional 45,667 shares during the last quarter. Alpine Bank Wealth Management bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at about $77,000. Prospera Financial Services Inc raised its position in shares of Vanguard Mega Cap Growth ETF by 0.5% in the second quarter. Prospera Financial Services Inc now owns 56,433 shares of the company’s stock valued at $20,667,000 after purchasing an additional 300 shares during the period. Signaturefd LLC boosted its stake 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 period. Finally, Maridea Wealth Management LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 45.3% in the second quarter. Maridea Wealth Management LLC now owns 1,488 shares of the company’s stock valued at $545,000 after buying an additional 464 shares during the period.

Vanguard Mega Cap Growth ETF Trading Up 0.2%

NYSEARCA MGK opened at $408.56 on Monday. The firm has a market capitalization of $31.67 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $426.80. The firm’s 50 day simple moving average is $405.80 and its 200 day simple moving average is $378.00.

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.