Signature Estate & Investment Advisors LLC Acquires 121 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Signature Estate & Investment Advisors LLC raised its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 9.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,415 shares of the company’s stock after buying an additional 121 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $486,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MGK. Captrust Financial Advisors raised its holdings in Vanguard Mega Cap Growth ETF by 756.3% during the third quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock worth $513,465,000 after acquiring an additional 1,408,609 shares in the last quarter. World Investment Advisors LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 36,249.8% during the 3rd quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock worth $204,331,000 after purchasing an additional 632,921 shares during the last quarter. Proficio Capital Partners LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 34,241.0% during the 4th quarter. Proficio Capital Partners LLC now owns 393,204 shares of the company’s stock worth $135,030,000 after purchasing an additional 392,059 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at approximately $82,803,000. Finally, Raymond James Financial Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at $79,888,000.

Vanguard Mega Cap Growth ETF Trading Down 2.3 %

Shares of MGK opened at $318.80 on Thursday. The company has a market cap of $23.24 billion, a price-to-earnings ratio of 35.83 and a beta of 1.15. The company’s fifty day simple moving average is $338.35 and its 200 day simple moving average is $335.57. Vanguard Mega Cap Growth ETF has a 1-year low of $266.99 and a 1-year high of $358.64.

Vanguard Mega Cap Growth ETF Increases Dividend

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

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.