Halbert Hargrove Global Advisors LLC Takes $55,000 Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 160 shares of the company’s stock, valued at approximately $55,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of Jackson Hole Trust bought a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at approximately $27,000. Peterson Financial Group Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the third quarter valued at approximately $33,000. Copley Financial Group Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the 3rd quarter worth approximately $33,000. Riggs Asset Managment Co. Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $40,000. Finally, Pittenger & Anderson Inc. increased its holdings in Vanguard Mega Cap Growth ETF by 25.0% during the 4th quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock worth $52,000 after purchasing an additional 30 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $338.40 on Friday. The stock has a 50 day moving average price of $348.51 and a two-hundred day moving average price of $334.68. The firm has a market capitalization of $24.85 billion, a P/E ratio of 41.72 and a beta of 1.13. Vanguard Mega Cap Growth ETF has a 52 week low of $266.99 and a 52 week high of $358.64.

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.