Vanguard Mega Cap Growth ETF $MGK Position Increased by Parallel Advisors LLC

Parallel Advisors LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 226.2% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 59,590 shares of the company’s stock after purchasing an additional 41,320 shares during the period. Parallel Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $5,521,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MGK. Cardiff Park Advisors LLC acquired a new position in Vanguard Mega Cap Growth ETF in the 1st quarter valued at approximately $46,000. Basepoint Wealth LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 1st quarter valued at $76,000. Elevation Wealth Partners LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 400.0% during the 2nd quarter. Elevation Wealth Partners LLC now owns 300 shares of the company’s stock valued at $26,000 after buying an additional 240 shares during the period. Vestor Capital LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 65.6% during the 1st quarter. Vestor Capital LLC now owns 303 shares of the company’s stock valued at $111,000 after buying an additional 120 shares during the period. Finally, Triumph Capital Management grew its holdings in shares of Vanguard Mega Cap Growth ETF by 398.5% during the 2nd quarter. Triumph Capital Management now owns 334 shares of the company’s stock valued at $29,000 after acquiring an additional 267 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 1.1%

Vanguard Mega Cap Growth ETF stock opened at $83.64 on Friday. Vanguard Mega Cap Growth ETF has a 12 month low of $70.32 and a 12 month high of $95.53. The stock has a market cap of $31.61 billion, a P/E ratio of 28.83 and a beta of 1.25. The company’s fifty day simple moving average is $90.74 and its 200-day simple moving average is $85.41.

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.