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

Resolute Advisors LLC raised its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 400.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 126,108 shares of the company’s stock after purchasing an additional 100,911 shares during the quarter. Vanguard Mega Cap Growth ETF makes up about 2.7% of Resolute Advisors LLC’s portfolio, making the stock its 6th biggest holding. Resolute Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $11,086,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Sequoia Financial Advisors LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 1.8% during the 4th quarter. Sequoia Financial Advisors LLC now owns 1,487 shares of the company’s stock worth $614,000 after purchasing an additional 26 shares in the last quarter. Avestar Capital LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 0.9% in the fourth quarter. Avestar Capital LLC now owns 3,450 shares of the company’s stock valued at $1,424,000 after buying an additional 30 shares in the last quarter. Ancora Advisors LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 88.6% in the third quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after buying an additional 31 shares in the last quarter. Key Financial Inc increased its holdings in Vanguard Mega Cap Growth ETF by 4.7% during the fourth quarter. Key Financial Inc now owns 753 shares of the company’s stock worth $311,000 after buying an additional 34 shares during the last quarter. Finally, Retirement Planning Group LLC increased its holdings in Vanguard Mega Cap Growth ETF by 4.9% during the fourth quarter. Retirement Planning Group LLC now owns 786 shares of the company’s stock worth $324,000 after buying an additional 37 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 1.0%

NYSEARCA MGK opened at $89.04 on Wednesday. The firm’s fifty day moving average price is $88.03 and its two-hundred day moving average price is $84.11. Vanguard Mega Cap Growth ETF has a 1 year low of $70.32 and a 1 year high of $92.38. The firm has a market capitalization of $33.50 billion, a P/E 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.