Sovran Advisors LLC Buys 14,784 Shares of Vanguard Mega Cap Growth ETF $MGK

Sovran Advisors LLC lifted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 418.3% in the first quarter, Holdings Channel.com reports. The firm owned 18,318 shares of the company’s stock after buying an additional 14,784 shares during the period. Sovran Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $6,731,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. TFR Capital LLC. raised its holdings in Vanguard Mega Cap Growth ETF by 2.7% during the 4th quarter. TFR Capital LLC. now owns 961 shares of the company’s stock valued at $397,000 after buying an additional 25 shares during the period. First Horizon Corp boosted its stake in Vanguard Mega Cap Growth ETF by 0.7% during the fourth quarter. First Horizon Corp now owns 3,383 shares of the company’s stock worth $1,396,000 after buying an additional 25 shares during the period. New England Capital Financial Advisors LLC increased its position in Vanguard Mega Cap Growth ETF by 16.9% during the fourth quarter. New England Capital Financial Advisors LLC now owns 173 shares of the company’s stock valued at $71,000 after acquiring an additional 25 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in Vanguard Mega Cap Growth ETF by 1.8% during the fourth quarter. Sequoia Financial Advisors LLC now owns 1,487 shares of the company’s stock valued at $614,000 after acquiring an additional 26 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 18.0% in the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 177 shares of the company’s stock valued at $73,000 after acquiring an additional 27 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

Shares of Vanguard Mega Cap Growth ETF stock traded up $0.46 during trading on Friday, hitting $89.06. The stock had a trading volume of 1,415,313 shares, compared to its average volume of 2,362,092. The firm’s fifty day simple moving average is $87.97 and its 200-day simple moving average is $82.35. The stock has a market cap of $33.50 billion, a PE ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a 12 month low of $70.32 and a 12 month high of $92.38.

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.