Fifth Third Securities Inc. Boosts Stock Position in Vanguard Mega Cap Growth ETF $MGK

Fifth Third Securities Inc. lifted its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGKFree Report) by 110.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,289 shares of the company’s stock after acquiring an additional 5,408 shares during the quarter. Fifth Third Securities Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $4,140,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MGK. Dogwood Wealth Management LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter worth approximately $27,000. Harbor Asset Planning Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter valued at $28,000. Atlantic Union Bankshares Corp purchased a new position in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter valued at $30,000. Safe Harbor Fiduciary LLC bought a new position in Vanguard Mega Cap Growth ETF in the 1st quarter worth $32,000. Finally, Dynamic Wealth Strategies LLC purchased a new stake in Vanguard Mega Cap Growth ETF in the 2nd quarter worth $44,000.

Vanguard Mega Cap Growth ETF Stock Up 1.4%

NYSEARCA:MGK opened at $413.02 on Friday. The business’s 50-day simple moving average is $410.89 and its two-hundred day simple moving average is $390.40. Vanguard Mega Cap Growth ETF has a 52 week low of $262.65 and a 52 week high of $426.80. The stock has a market cap of $32.01 billion, a PE ratio of 37.33 and a beta of 1.18.

About Vanguard Mega Cap Growth ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

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