JGP Wealth Management LLC Has $700,000 Holdings in Vanguard Mega Cap Growth ETF $MGK

JGP Wealth Management LLC increased its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 395.2% in the 2nd quarter, HoldingsChannel reports. The firm owned 7,967 shares of the company’s stock after acquiring an additional 6,358 shares during the quarter. JGP Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $700,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Assetmark Inc. boosted its position in shares of Vanguard Mega Cap Growth ETF by 1.0% during the 4th quarter. Assetmark Inc. now owns 8,590,832 shares of the company’s stock worth $3,546,038,000 after acquiring an additional 87,636 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its position in Vanguard Mega Cap Growth ETF by 1.3% during the first quarter. Cassaday & Co Wealth Management LLC now owns 3,719,368 shares of the company’s stock valued at $1,366,645,000 after purchasing an additional 48,165 shares in the last quarter. Morgan Stanley raised its position in Vanguard Mega Cap Growth ETF by 11.7% during 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 in the last quarter. Captrust Financial Advisors raised its position in Vanguard Mega Cap Growth ETF by 0.9% during 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 in the last quarter. Finally, LPL Financial LLC lifted its stake in Vanguard Mega Cap Growth ETF by 0.4% during the fourth quarter. LPL Financial LLC now owns 1,173,852 shares of the company’s stock worth $484,531,000 after purchasing an additional 5,134 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK stock opened at $90.07 on Thursday. The stock’s fifty day moving average price is $87.58 and its two-hundred day moving average price is $82.86. The company has a market cap of $33.88 billion, a PE ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a fifty-two week low of $70.32 and a fifty-two week high of $92.38.

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.