Sollinda Capital Management LLC Has $2.38 Million Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Sollinda Capital Management LLC grew its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 795.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,576 shares of the company’s stock after purchasing an additional 6,730 shares during the period. Vanguard Mega Cap Growth ETF comprises 0.7% of Sollinda Capital Management LLC’s portfolio, making the stock its 20th largest holding. Sollinda Capital Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $2,380,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in MGK. Balanced Rock Investment Advisors LLC raised its position in Vanguard Mega Cap Growth ETF by 6.6% during the second quarter. Balanced Rock Investment Advisors LLC now owns 5,580 shares of the company’s stock valued at $1,753,000 after acquiring an additional 344 shares in the last quarter. Spire Wealth Management raised its position in shares of Vanguard Mega Cap Growth ETF by 26.0% in the second quarter. Spire Wealth Management now owns 2,346 shares of the company’s stock valued at $737,000 after purchasing an additional 484 shares during the period. Commonwealth Equity Services LLC raised its holdings in Vanguard Mega Cap Growth ETF by 2.6% in the 2nd quarter. Commonwealth Equity Services LLC now owns 264,348 shares of the company’s stock worth $83,061,000 after acquiring an additional 6,579 shares during the period. Concurrent Investment Advisors LLC lifted its position in Vanguard Mega Cap Growth ETF by 5.6% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 34,815 shares of the company’s stock worth $10,939,000 after acquiring an additional 1,860 shares during the last quarter. Finally, Rothschild Investment LLC bought a new stake in Vanguard Mega Cap Growth ETF during the second quarter valued at about $31,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of Vanguard Mega Cap Growth ETF stock traded up $3.16 during midday trading on Friday, hitting $314.67. The company had a trading volume of 586,508 shares, compared to its average volume of 338,069. The stock has a market cap of $20.83 billion, a PE ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 1-year low of $218.10 and a 1-year high of $330.36. The business’s 50 day simple moving average is $311.70 and its two-hundred day simple moving average is $296.20.

Vanguard Mega Cap Growth ETF Company 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.