Vanguard Mega Cap Growth ETF $MGK Shares Bought by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. grew its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 397.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,892 shares of the company’s stock after buying an additional 42,257 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $4,650,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Elevation Wealth Partners LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 400.0% in the second quarter. Elevation Wealth Partners LLC now owns 300 shares of the company’s stock valued at $26,000 after acquiring an additional 240 shares during the last quarter. Ancora Advisors LLC increased its stake in Vanguard Mega Cap Growth ETF by 88.6% during the third quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock worth $27,000 after acquiring an additional 31 shares during the last quarter. Noble Wealth Management PBC increased its stake in Vanguard Mega Cap Growth ETF by 400.0% during the second quarter. Noble Wealth Management PBC now owns 350 shares of the company’s stock worth $31,000 after acquiring an additional 280 shares during the last quarter. IFC & Insurance Marketing Inc. purchased a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter valued at $32,000. Finally, GoalVest Advisory LLC purchased a new stake in Vanguard Mega Cap Growth ETF in the second quarter valued at $35,000.

Vanguard Mega Cap Growth ETF Stock Down 0.2%

Shares of Vanguard Mega Cap Growth ETF stock opened at $90.63 on Tuesday. Vanguard Mega Cap Growth ETF has a 52 week low of $70.32 and a 52 week high of $92.38. The business’s fifty day simple moving average is $87.52 and its 200-day simple moving average is $83.06. The firm has a market cap of $34.10 billion, a PE ratio of 37.33 and a beta of 1.24.

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.