Vanguard Mega Cap Growth ETF $MGK Shares Purchased by Adirondack Capital Advisors LLC

Adirondack Capital Advisors LLC boosted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 400.0% in the second quarter, Holdings Channel.com reports. The fund owned 16,355 shares of the company’s stock after buying an additional 13,084 shares during the quarter. Vanguard Mega Cap Growth ETF comprises about 0.8% of Adirondack Capital Advisors LLC’s portfolio, making the stock its 19th largest holding. Adirondack Capital Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,438,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. TFR Capital LLC. boosted its stake in Vanguard Mega Cap Growth ETF by 2.7% in the fourth quarter. TFR Capital LLC. now owns 961 shares of the company’s stock valued at $397,000 after acquiring an additional 25 shares in the last quarter. First Horizon Corp increased its position in shares of Vanguard Mega Cap Growth ETF by 0.7% during the fourth quarter. First Horizon Corp now owns 3,383 shares of the company’s stock worth $1,396,000 after purchasing an additional 25 shares in the last quarter. New England Capital Financial Advisors LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 16.9% during the fourth quarter. New England Capital Financial Advisors LLC now owns 173 shares of the company’s stock worth $71,000 after purchasing an additional 25 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 1.8% in the 4th quarter. Sequoia Financial Advisors LLC now owns 1,487 shares of the company’s stock valued at $614,000 after purchasing an additional 26 shares during the last quarter. Finally, Avestar Capital LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 0.9% in the 4th quarter. Avestar Capital LLC now owns 3,450 shares of the company’s stock valued at $1,424,000 after purchasing an additional 30 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.7%

Shares of NYSEARCA MGK opened at $90.00 on Wednesday. The business has a 50-day moving average price of $87.49 and a 200 day moving average price of $83.13. The stock has a market cap of $33.86 billion, a PE ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a 52-week low of $70.32 and a 52-week high of $92.38.

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.