Ameriprise Financial Inc. Boosts Stock Holdings in Vanguard Mega Cap Growth ETF $MGK

Ameriprise Financial Inc. raised its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 798,935 shares of the company’s stock after acquiring an additional 17,254 shares during the period. Ameriprise Financial Inc. owned approximately 1.03% of Vanguard Mega Cap Growth ETF worth $321,546,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Ancora Advisors LLC boosted its stake in Vanguard Mega Cap Growth ETF by 88.6% during the third quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after buying an additional 31 shares during the last quarter. Dynamic Wealth Strategies LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $44,000. North Star Investment Management Corp. boosted its position in shares of Vanguard Mega Cap Growth ETF by 182.1% during the 3rd quarter. North Star Investment Management Corp. now owns 110 shares of the company’s stock valued at $44,000 after acquiring an additional 71 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in shares of Vanguard Mega Cap Growth ETF by 463.6% during the 2nd quarter. Smartleaf Asset Management LLC now owns 124 shares of the company’s stock valued at $45,000 after acquiring an additional 102 shares during the last quarter. Finally, MTM Investment Management LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter valued at $51,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $383.64 on Tuesday. The company’s fifty day moving average is $397.10 and its 200 day moving average is $403.33. Vanguard Mega Cap Growth ETF has a fifty-two week low of $262.65 and a fifty-two week high of $426.80. The stock has a market capitalization of $30.09 billion, a PE ratio of 37.33 and a beta of 1.18.

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.