Sequent Planning LLC Buys New Shares in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Sequent Planning LLC bought a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 834 shares of the company’s stock, valued at approximately $286,000.

Other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC grew its position in Vanguard Mega Cap Growth ETF by 12.7% during the third quarter. FMR LLC now owns 23,961 shares of the company’s stock valued at $7,714,000 after acquiring an additional 2,704 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in Vanguard Mega Cap Growth ETF by 11.4% in the fourth quarter. Oppenheimer & Co. Inc. now owns 1,339 shares of the company’s stock valued at $460,000 after purchasing an additional 137 shares during the last quarter. Wedmont Private Capital boosted its holdings in Vanguard Mega Cap Growth ETF by 8.6% in the fourth quarter. Wedmont Private Capital now owns 811 shares of the company’s stock valued at $276,000 after purchasing an additional 64 shares during the last quarter. Ameritas Advisory Services LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 131.7% in the fourth quarter. Ameritas Advisory Services LLC now owns 37,676 shares of the company’s stock valued at $12,938,000 after purchasing an additional 21,417 shares during the last quarter. Finally, Stifel Financial Corp boosted its holdings in Vanguard Mega Cap Growth ETF by 8.5% in the third quarter. Stifel Financial Corp now owns 193,618 shares of the company’s stock valued at $62,340,000 after purchasing an additional 15,201 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $316.70 on Monday. The company has a market capitalization of $23.21 billion, a P/E ratio of 36.87 and a beta of 1.15. Vanguard Mega Cap Growth ETF has a one year low of $266.99 and a one year high of $358.64. The stock has a 50-day moving average price of $339.38 and a 200 day moving average price of $335.36.

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.