Westbourne Investments Inc. Buys New Shares in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Westbourne Investments Inc. bought a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,619 shares of the company’s stock, valued at approximately $1,586,000.

Other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in Vanguard Mega Cap Growth ETF by 18.0% in the fourth quarter. JPMorgan Chase & Co. now owns 71,583 shares of the company’s stock valued at $24,582,000 after purchasing an additional 10,928 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in Vanguard Mega Cap Growth ETF by 11.4% in the fourth quarter. Oppenheimer & Co. Inc. now owns 1,339 shares of the company’s stock worth $460,000 after purchasing an additional 137 shares during the period. Amara Financial LLC. grew its holdings in shares of Vanguard Mega Cap Growth ETF by 4.7% during the fourth quarter. Amara Financial LLC. now owns 70,704 shares of the company’s stock valued at $24,280,000 after buying an additional 3,147 shares during the last quarter. Wedmont Private Capital boosted its holdings in Vanguard Mega Cap Growth ETF by 8.6% during the fourth quarter. Wedmont Private Capital now owns 811 shares of the company’s stock worth $276,000 after purchasing an additional 64 shares during the last quarter. Finally, Ameritas Advisory Services LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 131.7% during the fourth quarter. Ameritas Advisory Services LLC now owns 37,676 shares of the company’s stock worth $12,938,000 after purchasing an additional 21,417 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Vanguard Mega Cap Growth ETF stock opened at $315.43 on Thursday. The firm has a market capitalization of $22.93 billion, a P/E ratio of 32.92 and a beta of 1.20. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year high of $358.64. The business has a fifty day moving average price of $310.52 and a 200-day moving average price of $331.97.

About Vanguard Mega Cap Growth ETF

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.