BCO Wealth Management LLC Purchases Shares of 2,176 Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

BCO Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,176 shares of the company’s stock, valued at approximately $747,000. Vanguard Mega Cap Growth ETF accounts for approximately 0.6% of BCO Wealth Management LLC’s investment portfolio, making the stock its 14th biggest holding.

Several other hedge funds have also made changes to their positions in MGK. Bank of Jackson Hole Trust purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at $27,000. 1620 Investment Advisors Inc. acquired a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter worth about $30,000. Mainstream Capital Management LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth about $31,000. Copley Financial Group Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter worth about $33,000. Finally, Riggs Asset Managment Co. Inc. acquired a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at about $40,000.

Vanguard Mega Cap Growth ETF Stock Performance

MGK opened at $318.80 on Thursday. Vanguard Mega Cap Growth ETF has a 1 year low of $266.99 and a 1 year high of $358.64. The firm has a 50 day moving average price of $338.35 and a 200 day moving average price of $335.57. The company has a market cap of $23.24 billion, a PE ratio of 35.83 and a beta of 1.15.

Vanguard Mega Cap Growth ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a $0.3397 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This is a positive change from Vanguard Mega Cap Growth ETF’s previous dividend of $0.31.

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.