Vanguard Mega Cap Growth ETF $MGK Shares Newly Purchased by Lido Advisors LLC

Lido Advisors LLC purchased a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the third quarter, according to its most recent filing with the SEC. The firm purchased 478,442 shares of the company’s stock, valued at approximately $44,328,000. Lido Advisors LLC owned 0.13% of Vanguard Mega Cap Growth ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Cassaday & Co Wealth Management LLC increased its stake in Vanguard Mega Cap Growth ETF by 1.3% in the first quarter. Cassaday & Co Wealth Management LLC now owns 3,719,368 shares of the company’s stock valued at $1,366,645,000 after purchasing an additional 48,165 shares in the last quarter. Vantagepoint Investment Advisers LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the third quarter worth $397,940,000. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Mega Cap Growth ETF by 399.7% during the second quarter. Envestnet Asset Management Inc. now owns 3,554,068 shares of the company’s stock worth $312,423,000 after purchasing an additional 2,842,779 shares in the last quarter. Angeles Wealth Management LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 1.5% in the 3rd quarter. Angeles Wealth Management LLC now owns 2,912,914 shares of the company’s stock valued at $269,899,000 after buying an additional 43,353 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in shares of Vanguard Mega Cap Growth ETF by 2.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 531,713 shares of the company’s stock valued at $195,372,000 after buying an additional 14,064 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.9%

MGK opened at $85.30 on Wednesday. The stock has a market cap of $32.24 billion, a P/E ratio of 28.83 and a beta of 1.25. Vanguard Mega Cap Growth ETF has a 12 month low of $70.32 and a 12 month high of $95.53. The company has a fifty day simple moving average of $90.57 and a 200 day simple moving average of $85.46.

Vanguard Mega Cap Growth ETF Profile

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.