Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Acquired by Zhang Financial LLC

Zhang Financial LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 38.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 43,542 shares of the company’s stock after purchasing an additional 11,995 shares during the period. Zhang Financial LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $13,449,000 as of its most recent SEC filing.

Several other institutional investors and 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 approximately $27,000. 1620 Investment Advisors Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at approximately $30,000. Mainstream Capital Management LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at approximately $31,000. Pittenger & Anderson Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 25.0% during the 4th quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock valued at $52,000 after buying an additional 30 shares during the period. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at approximately $55,000.

Vanguard Mega Cap Growth ETF Stock Performance

MGK stock opened at $353.41 on Thursday. The firm has a market cap of $26.28 billion, a PE ratio of 36.62 and a beta of 1.20. The firm’s 50 day moving average price is $323.39 and its 200-day moving average price is $333.91. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year high of $358.64.

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.