Captrust Financial Advisors Acquires 1,408,609 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Captrust Financial Advisors increased its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 756.3% during the 3rd quarter, Holdings Channel reports. The firm owned 1,594,858 shares of the company’s stock after purchasing an additional 1,408,609 shares during the quarter. Vanguard Mega Cap Growth ETF comprises approximately 1.5% of Captrust Financial Advisors’ portfolio, making the stock its 12th biggest holding. Captrust Financial Advisors’ holdings in Vanguard Mega Cap Growth ETF were worth $513,465,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Angeles Investment Advisors LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 105.4% during the 2nd quarter. Angeles Investment Advisors LLC now owns 887,190 shares of the company’s stock valued at $278,764,000 after buying an additional 455,250 shares in the last quarter. Prime Capital Investment Advisors LLC grew its position in Vanguard Mega Cap Growth ETF by 4,572.4% in the second quarter. Prime Capital Investment Advisors LLC now owns 295,760 shares of the company’s stock worth $92,931,000 after acquiring an additional 289,430 shares in the last quarter. Comerica Bank increased its stake in Vanguard Mega Cap Growth ETF by 325.4% in the second quarter. Comerica Bank now owns 359,241 shares of the company’s stock valued at $112,877,000 after acquiring an additional 274,801 shares during the last quarter. Assetmark Inc. raised its position in Vanguard Mega Cap Growth ETF by 3.8% during the third quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock valued at $2,399,580,000 after purchasing an additional 271,905 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its stake in Vanguard Mega Cap Growth ETF by 32,115.7% during the third quarter. International Assets Investment Management LLC now owns 129,185 shares of the company’s stock worth $41,591,000 after purchasing an additional 128,784 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.7 %

MGK opened at $336.98 on Friday. The stock has a market capitalization of $22.30 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 12-month low of $246.18 and a 12-month high of $342.22. The stock has a 50-day moving average price of $328.28 and a 200-day moving average price of $314.90.

Vanguard Mega Cap Growth ETF 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.