Cetera Advisors LLC Purchases 2,979 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Cetera Advisors LLC increased its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 23.3% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,750 shares of the company’s stock after acquiring an additional 2,979 shares during the period. Cetera Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $4,514,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of MGK. Fifth Third Bancorp raised its holdings in Vanguard Mega Cap Growth ETF by 28.9% during the fourth quarter. Fifth Third Bancorp now owns 571 shares of the company’s stock worth $148,000 after acquiring an additional 128 shares in the last quarter. AdvisorNet Financial Inc bought a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $30,000. Trust Point Inc. bought a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $210,000. International Assets Investment Management LLC raised its stake in Vanguard Mega Cap Growth ETF by 22,983.4% in the fourth quarter. International Assets Investment Management LLC now owns 104,106 shares of the company’s stock valued at $27,017,000 after buying an additional 103,655 shares during the period. Finally, Stratos Wealth Partners LTD. raised its stake in Vanguard Mega Cap Growth ETF by 0.4% in the fourth quarter. Stratos Wealth Partners LTD. now owns 18,138 shares of the company’s stock valued at $4,707,000 after buying an additional 75 shares during the period.

Vanguard Mega Cap Growth ETF Trading Down 2.0 %

NYSEARCA:MGK traded down $6.16 on Friday, hitting $295.85. The company’s stock had a trading volume of 568,290 shares, compared to its average volume of 327,772. The stock has a fifty day moving average of $310.79 and a two-hundred day moving average of $291.52. The firm has a market capitalization of $19.58 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a one year low of $218.10 and a one year high of $330.36.

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.