Diversify Wealth Management LLC Invests $6.37 Million in Vanguard Mega Cap Growth ETF $MGK

Diversify Wealth Management LLC acquired a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 17,341 shares of the company’s stock, valued at approximately $6,372,000.

Other institutional investors also recently bought and sold shares of the company. Assetmark Inc. boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 1.0% during the fourth quarter. Assetmark Inc. now owns 8,590,832 shares of the company’s stock worth $3,546,038,000 after purchasing an additional 87,636 shares during the last quarter. Morgan Stanley grew its position in shares of Vanguard Mega Cap Growth ETF by 11.7% in the fourth quarter. Morgan Stanley now owns 2,651,172 shares of the company’s stock valued at $1,094,325,000 after purchasing an additional 277,446 shares during the period. Captrust Financial Advisors grew its position in shares of Vanguard Mega Cap Growth ETF by 0.9% in the second quarter. Captrust Financial Advisors now owns 1,668,738 shares of the company’s stock valued at $611,042,000 after purchasing an additional 15,432 shares during the period. LPL Financial LLC increased its stake in Vanguard Mega Cap Growth ETF by 0.4% in the fourth quarter. LPL Financial LLC now owns 1,173,852 shares of the company’s stock valued at $484,531,000 after purchasing an additional 5,134 shares during the last quarter. Finally, UBS Group AG increased its stake in Vanguard Mega Cap Growth ETF by 0.8% in the fourth quarter. UBS Group AG now owns 1,100,021 shares of the company’s stock valued at $454,056,000 after purchasing an additional 9,098 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA MGK opened at $89.06 on Monday. The business’s 50-day moving average price is $87.97 and its 200 day moving average price is $82.35. Vanguard Mega Cap Growth ETF has a twelve month low of $70.32 and a twelve month high of $92.38. The company has a market capitalization of $33.50 billion, a PE ratio of 37.33 and a beta of 1.24.

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.