Wealthfront Advisers LLC Raises Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Wealthfront Advisers LLC increased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGKFree Report) by 16.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 24,709 shares of the company’s stock after acquiring an additional 3,541 shares during the quarter. Wealthfront Advisers LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $5,606,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Resurgent Financial Advisors LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the fourth quarter worth about $25,000. Headlands Technologies LLC purchased a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter valued at approximately $30,000. Ronald Blue Trust Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the 2nd quarter valued at $36,000. Howe & Rusling Inc. lifted its position in shares of Vanguard Mega Cap Growth ETF by 76.0% during the second quarter. Howe & Rusling Inc. now owns 176 shares of the company’s stock worth $41,000 after acquiring an additional 76 shares in the last quarter. Finally, BNP Paribas Arbitrage SNC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the first quarter valued at $45,000.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA:MGK opened at $259.92 on Thursday. Vanguard Mega Cap Growth ETF has a 52-week low of $177.82 and a 52-week high of $262.54. The business’s fifty day moving average is $253.94 and its 200 day moving average is $241.14. The firm has a market cap of $15.45 billion, a price-to-earnings ratio of 28.50 and a beta of 1.11.

Vanguard Mega Cap Growth ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding MGK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mega Cap Growth ETF (NYSEARCA:MGKFree Report).

Institutional Ownership by Quarter for Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Receive News & Ratings for Vanguard Mega Cap Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Mega Cap Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.