Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Bought by Checchi Capital Advisers LLC

Checchi Capital Advisers LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 54.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,319 shares of the company’s stock after purchasing an additional 5,770 shares during the quarter. Checchi Capital Advisers LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $5,604,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in MGK. Bank of Jackson Hole Trust purchased a new position in Vanguard Mega Cap Growth ETF in the 4th quarter valued at approximately $27,000. Peterson Financial Group Inc. purchased a new stake in Vanguard Mega Cap Growth ETF during the 3rd quarter worth about $33,000. Copley Financial Group Inc. acquired a new stake in Vanguard Mega Cap Growth ETF in the 3rd quarter valued at about $33,000. Riggs Asset Managment Co. Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at about $40,000. Finally, Pittenger & Anderson Inc. grew its position in shares of Vanguard Mega Cap Growth ETF by 25.0% during the fourth quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock worth $52,000 after buying an additional 30 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 1.2 %

Shares of Vanguard Mega Cap Growth ETF stock opened at $340.23 on Wednesday. Vanguard Mega Cap Growth ETF has a 52-week low of $266.99 and a 52-week high of $358.64. The company has a 50 day moving average of $349.06 and a 200 day moving average of $334.16. The company has a market capitalization of $24.99 billion, a P/E ratio of 41.72 and a beta of 1.13.

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.