Vanguard Mega Cap Growth ETF $MGK Shares Purchased by Gladwyn Financial Advisors Inc.

Gladwyn Financial Advisors Inc. raised its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 397.8% during the second quarter, Holdings Channel reports. The firm owned 106,628 shares of the company’s stock after buying an additional 85,210 shares during the quarter. Vanguard Mega Cap Growth ETF comprises 5.9% of Gladwyn Financial Advisors Inc.’s portfolio, making the stock its 6th largest holding. Gladwyn Financial Advisors Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $9,374,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of MGK. Ancora Advisors LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 88.6% in the 3rd quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after buying an additional 31 shares during the period. IFC & Insurance Marketing Inc. acquired a new position in Vanguard Mega Cap Growth ETF during the 4th quarter worth about $32,000. Costello Asset Management INC boosted its holdings in Vanguard Mega Cap Growth ETF by 116.3% during the 4th quarter. Costello Asset Management INC now owns 93 shares of the company’s stock valued at $39,000 after acquiring an additional 50 shares during the period. Newbridge Financial Services Group Inc. boosted its holdings in Vanguard Mega Cap Growth ETF by 350.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 99 shares of the company’s stock valued at $41,000 after acquiring an additional 77 shares during the period. Finally, Birchbrook Inc. acquired a new position in Vanguard Mega Cap Growth ETF in the 4th quarter valued at about $43,000.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA MGK opened at $88.25 on Tuesday. The company has a market cap of $33.20 billion, a P/E ratio of 37.33 and a beta of 1.24. The stock has a 50-day moving average of $87.55 and a two-hundred day moving average of $82.74. Vanguard Mega Cap Growth ETF has a 1-year low of $70.32 and a 1-year 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.