Nicholas Hoffman & Company LLC. Has $1.25 Million Holdings in Vanguard Mega Cap Growth ETF $MGK

Nicholas Hoffman & Company LLC. boosted its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 80.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 3,108 shares of the company’s stock after acquiring an additional 1,390 shares during the period. Nicholas Hoffman & Company LLC.’s holdings in Vanguard Mega Cap Growth ETF were worth $1,251,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Atlantic Union Bankshares Corp acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the second quarter valued at approximately $30,000. North Star Investment Management Corp. increased its stake in Vanguard Mega Cap Growth ETF by 182.1% during the 3rd quarter. North Star Investment Management Corp. now owns 110 shares of the company’s stock worth $44,000 after acquiring an additional 71 shares during the period. Dynamic Wealth Strategies LLC acquired a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter valued at $44,000. Smartleaf Asset Management LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 463.6% during the 2nd quarter. Smartleaf Asset Management LLC now owns 124 shares of the company’s stock valued at $45,000 after acquiring an additional 102 shares during the period. Finally, MTM Investment Management LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter valued at $51,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA MGK opened at $386.95 on Friday. The stock has a market capitalization of $30.35 billion, a P/E ratio of 37.33 and a beta of 1.18. The stock’s fifty day moving average is $403.39 and its 200 day moving average is $403.07. Vanguard Mega Cap Growth ETF has a 52 week low of $262.65 and a 52 week high of $426.80.

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.