Veridan Wealth LLC Acquires 630 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Veridan Wealth LLC lifted its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 9.4% in the first quarter, Holdings Channel reports. The fund owned 7,333 shares of the company’s stock after purchasing an additional 630 shares during the quarter. Veridan Wealth LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $2,265,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Captrust Financial Advisors lifted its stake in shares of Vanguard Mega Cap Growth ETF by 2.7% in the 4th quarter. Captrust Financial Advisors now owns 1,637,452 shares of the company’s stock valued at $562,317,000 after purchasing an additional 42,594 shares during the last quarter. LPL Financial LLC lifted its position in Vanguard Mega Cap Growth ETF by 14.5% in the fourth quarter. LPL Financial LLC now owns 1,080,875 shares of the company’s stock worth $371,183,000 after buying an additional 136,586 shares during the last quarter. Ameriprise Financial Inc. lifted its position in Vanguard Mega Cap Growth ETF by 23.6% in the fourth quarter. Ameriprise Financial Inc. now owns 714,135 shares of the company’s stock worth $245,284,000 after buying an additional 136,347 shares during the last quarter. Royal Bank of Canada lifted its position in Vanguard Mega Cap Growth ETF by 6.5% in the fourth quarter. Royal Bank of Canada now owns 432,793 shares of the company’s stock worth $148,626,000 after buying an additional 26,268 shares during the last quarter. Finally, Cerity Partners LLC lifted its position in Vanguard Mega Cap Growth ETF by 3.2% in the fourth quarter. Cerity Partners LLC now owns 394,571 shares of the company’s stock worth $135,500,000 after buying an additional 12,212 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.6%

Shares of MGK opened at $348.17 on Friday. The business has a fifty day moving average of $331.86 and a 200 day moving average of $334.35. The company has a market cap of $25.97 billion, a PE ratio of 38.23 and a beta of 1.20. Vanguard Mega Cap Growth ETF has a 52-week low of $262.65 and a 52-week high of $358.64.

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.