Vanguard Mega Cap Growth ETF $MGK Stock Position Boosted by Capital & Planning LLC

Capital & Planning LLC boosted its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 394.2% in the second quarter, HoldingsChannel.com reports. The firm owned 133,729 shares of the company’s stock after acquiring an additional 106,669 shares during the period. Vanguard Mega Cap Growth ETF accounts for approximately 6.1% of Capital & Planning LLC’s investment portfolio, making the stock its 9th biggest holding. Capital & Planning LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $11,756,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Sequoia Financial Advisors LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 1.8% in the 4th quarter. Sequoia Financial Advisors LLC now owns 1,487 shares of the company’s stock valued at $614,000 after purchasing an additional 26 shares during the last quarter. Avestar Capital LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 0.9% during the 4th quarter. Avestar Capital LLC now owns 3,450 shares of the company’s stock worth $1,424,000 after purchasing an additional 30 shares during the last quarter. Ancora Advisors LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 88.6% during the 3rd quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock worth $27,000 after purchasing an additional 31 shares during the last quarter. Key Financial Inc raised its holdings in Vanguard Mega Cap Growth ETF by 4.7% in the 4th quarter. Key Financial Inc now owns 753 shares of the company’s stock valued at $311,000 after buying an additional 34 shares during the period. Finally, Larson Financial Group LLC raised its holdings in Vanguard Mega Cap Growth ETF by 8.6% in the 4th quarter. Larson Financial Group LLC now owns 490 shares of the company’s stock valued at $202,000 after buying an additional 39 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA MGK opened at $90.23 on Tuesday. The stock has a market capitalization of $33.94 billion, a P/E ratio of 37.33 and a beta of 1.24. The firm’s 50-day moving average is $88.43 and its two-hundred day moving average is $84.48. 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.