Tucker Asset Management LLC Raises Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Tucker Asset Management LLC lifted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 21,800.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 219 shares of the company’s stock after purchasing an additional 218 shares during the quarter. Tucker Asset Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $75,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in MGK. FMR LLC raised its position in shares of 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 buying an additional 2,704 shares during the last quarter. Financial Counselors Inc. lifted its position in shares of Vanguard Mega Cap Growth ETF by 16.4% in the 3rd quarter. Financial Counselors Inc. now owns 3,370 shares of the company’s stock worth $1,085,000 after purchasing an additional 475 shares during the period. Integrated Wealth Concepts LLC boosted its position in Vanguard Mega Cap Growth ETF by 33.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 7,043 shares of the company’s stock valued at $2,268,000 after acquiring an additional 1,762 shares in the last quarter. IHT Wealth Management LLC boosted its position in Vanguard Mega Cap Growth ETF by 41.4% during the third quarter. IHT Wealth Management LLC now owns 9,238 shares of the company’s stock valued at $2,961,000 after purchasing an additional 2,707 shares in the last quarter. Finally, Resurgent Financial Advisors LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 14.4% during the 3rd quarter. Resurgent Financial Advisors LLC now owns 733 shares of the company’s stock valued at $236,000 after purchasing an additional 92 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $308.50 on Friday. The stock has a 50-day moving average of $337.07 and a two-hundred day moving average of $335.70. The stock has a market cap of $22.49 billion, a P/E ratio of 35.83 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.

Vanguard Mega Cap Growth ETF Increases Dividend

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

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.