LifeSteps Financial Inc. Has $1.37 Million Stake in Vanguard Mega Cap Growth ETF $MGK

LifeSteps Financial Inc. decreased its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,741 shares of the company’s stock after selling 50 shares during the quarter. Vanguard Mega Cap Growth ETF makes up about 0.9% of LifeSteps Financial Inc.’s investment portfolio, making the stock its 22nd largest position. LifeSteps Financial Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $1,370,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Dogwood Wealth Management LLC acquired a new stake in Vanguard Mega Cap Growth ETF in the 2nd quarter valued at $27,000. Safe Harbor Fiduciary LLC acquired a new stake in Vanguard Mega Cap Growth ETF in the 1st quarter valued at $32,000. Redmont Wealth Advisors LLC acquired a new stake in Vanguard Mega Cap Growth ETF in the 1st quarter valued at $32,000. Valued Wealth Advisors LLC acquired a new stake in Vanguard Mega Cap Growth ETF in the 1st quarter valued at $42,000. Finally, Signaturefd LLC raised its position in Vanguard Mega Cap Growth ETF by 833.3% in the 2nd quarter. Signaturefd LLC now owns 140 shares of the company’s stock valued at $51,000 after purchasing an additional 125 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $404.60 on Wednesday. The stock has a fifty day moving average price of $390.45 and a two-hundred day moving average price of $355.76. Vanguard Mega Cap Growth ETF has a 52-week low of $262.65 and a 52-week high of $408.13. The company has a market cap of $31.36 billion, a price-to-earnings ratio of 37.33 and a beta of 1.11.

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.