CX Institutional Increases Stock Holdings in Vanguard Mega Cap Growth ETF $MGK

CX Institutional boosted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 364.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 344,313 shares of the company’s stock after acquiring an additional 270,114 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for about 0.9% of CX Institutional’s portfolio, making the stock its 25th biggest holding. CX Institutional owned 0.09% of Vanguard Mega Cap Growth ETF worth $30,269,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MGK. Ancora Advisors LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 88.6% during the third quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after purchasing an additional 31 shares in the last quarter. Noble Wealth Management PBC increased its stake in shares of Vanguard Mega Cap Growth ETF by 400.0% during the second quarter. Noble Wealth Management PBC now owns 350 shares of the company’s stock worth $31,000 after purchasing an additional 280 shares in the last quarter. IFC & Insurance Marketing Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth about $32,000. Costello Asset Management INC raised its position in shares of Vanguard Mega Cap Growth ETF by 116.3% during the 4th quarter. Costello Asset Management INC now owns 93 shares of the company’s stock worth $39,000 after purchasing an additional 50 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 350.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 99 shares of the company’s stock worth $41,000 after purchasing an additional 77 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 2.2%

Shares of Vanguard Mega Cap Growth ETF stock opened at $88.25 on Tuesday. The firm has a market capitalization of $33.20 billion, a PE ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a twelve month low of $70.32 and a twelve month high of $92.38. The firm’s 50-day moving average price is $87.55 and its 200 day moving average price is $82.74.

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.