Welch Group LLC Boosts Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Welch Group LLC increased its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 6.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 797 shares of the company’s stock after purchasing an additional 50 shares during the quarter. Welch Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the business. Gateway Wealth Partners LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 0.9% during the third quarter. Gateway Wealth Partners LLC now owns 3,361 shares of the company’s stock valued at $1,082,000 after acquiring an additional 31 shares in the last quarter. U.S. Capital Wealth Advisors LLC increased its position in Vanguard Mega Cap Growth ETF by 1.7% during the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 1,941 shares of the company’s stock valued at $667,000 after purchasing an additional 33 shares during the period. Strategic Blueprint LLC raised its holdings in Vanguard Mega Cap Growth ETF by 2.2% in the 3rd quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock worth $622,000 after purchasing an additional 42 shares in the last quarter. First Financial Bankshares Inc lifted its position in shares of Vanguard Mega Cap Growth ETF by 6.0% in the 3rd quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock worth $250,000 after purchasing an additional 44 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in shares of Vanguard Mega Cap Growth ETF by 5.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 917 shares of the company’s stock worth $315,000 after purchasing an additional 46 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA MGK opened at $344.76 on Tuesday. Vanguard Mega Cap Growth ETF has a 1 year low of $266.99 and a 1 year high of $358.61. The stock has a market capitalization of $22.82 billion, a P/E ratio of 42.92 and a beta of 1.28. The company’s 50-day moving average is $347.95 and its 200 day moving average is $328.37.

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.