Apriem Advisors Increases Position in Vanguard Mega Cap Growth ETF $MGK

Apriem Advisors grew its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 4.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 98,337 shares of the company’s stock after purchasing an additional 4,361 shares during the period. Vanguard Mega Cap Growth ETF comprises approximately 3.7% of Apriem Advisors’ portfolio, making the stock its 5th biggest position. Apriem Advisors owned about 0.13% of Vanguard Mega Cap Growth ETF worth $39,573,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. First Financial Bankshares Inc grew its stake in Vanguard Mega Cap Growth ETF by 22.5% in the 3rd quarter. First Financial Bankshares Inc now owns 953 shares of the company’s stock valued at $384,000 after buying an additional 175 shares in the last quarter. Dana Investment Advisors Inc. boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 2.8% in the third quarter. Dana Investment Advisors Inc. now owns 2,252 shares of the company’s stock worth $906,000 after acquiring an additional 62 shares during the period. Cvfg LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 1.8% in the third quarter. Cvfg LLC now owns 1,415 shares of the company’s stock valued at $569,000 after purchasing an additional 25 shares in the last quarter. Dover Advisors LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 65.5% during the 3rd quarter. Dover Advisors LLC now owns 1,872 shares of the company’s stock valued at $754,000 after purchasing an additional 741 shares during the period. Finally, OneDigital Investment Advisors LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 136.1% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 2,453 shares of the company’s stock valued at $987,000 after purchasing an additional 1,414 shares during the period.

Vanguard Mega Cap Growth ETF Stock Down 1.3%

MGK stock opened at $385.07 on Tuesday. The stock has a 50-day simple moving average of $404.78 and a two-hundred day simple moving average of $403.07. Vanguard Mega Cap Growth ETF has a twelve month low of $262.65 and a twelve month high of $426.80. The firm has a market capitalization of $30.20 billion, a PE ratio of 37.33 and a beta of 1.18.

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.