Sound Income Strategies LLC Acquires 5,567 Shares of Vanguard Mega Cap Growth ETF $MGK

Sound Income Strategies LLC boosted its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 8.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 68,074 shares of the company’s stock after acquiring an additional 5,567 shares during the period. Sound Income Strategies LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $6,381,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 1.3% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 3,719,368 shares of the company’s stock worth $1,366,645,000 after purchasing an additional 48,165 shares during the period. Envestnet Asset Management Inc. boosted its position in Vanguard Mega Cap Growth ETF by 399.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,554,068 shares of the company’s stock valued at $312,423,000 after purchasing an additional 2,842,779 shares during the period. Angeles Wealth Management LLC grew its stake in Vanguard Mega Cap Growth ETF by 402.4% during the 2nd quarter. Angeles Wealth Management LLC now owns 2,869,561 shares of the company’s stock worth $252,281,000 after buying an additional 2,298,377 shares during the last quarter. Praetorian Wealth Management Inc. grew its stake in Vanguard Mega Cap Growth ETF by 407.9% during the 2nd quarter. Praetorian Wealth Management Inc. now owns 855,232 shares of the company’s stock worth $75,183,000 after buying an additional 686,835 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its position in Vanguard Mega Cap Growth ETF by 2.7% in the first quarter. PNC Financial Services Group Inc. now owns 531,713 shares of the company’s stock worth $195,372,000 after buying an additional 14,064 shares during the period.

Vanguard Mega Cap Growth ETF Stock Up 0.7%

MGK stock traded up $0.69 during mid-day trading on Friday, reaching $94.42. The company had a trading volume of 989,253 shares, compared to its average volume of 2,002,863. Vanguard Mega Cap Growth ETF has a one year low of $70.32 and a one year high of $95.53. The stock has a market capitalization of $35.53 billion, a P/E ratio of 37.33 and a beta of 1.24. The stock’s 50-day simple moving average is $90.74 and its two-hundred day simple moving average is $86.87.

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.