Sumitomo Mitsui DS Asset Management Company Ltd Makes New Investment in Vanguard Mega Cap Growth ETF $MGK

Sumitomo Mitsui DS Asset Management Company Ltd acquired a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 10,110 shares of the company’s stock, valued at approximately $937,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Retirement Planning Group LLC acquired a new position in Vanguard Mega Cap Growth ETF in the third quarter valued at about $351,000. AA Financial Advisors LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 10.1% during the third quarter. AA Financial Advisors LLC now owns 9,532 shares of the company’s stock valued at $883,000 after acquiring an additional 873 shares during the last quarter. Crown Wealth Group LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 9.1% during the third quarter. Crown Wealth Group LLC now owns 18,265 shares of the company’s stock valued at $1,692,000 after acquiring an additional 1,531 shares during the last quarter. Richards Merrill & Peterson Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the third quarter valued at about $86,000. Finally, New Wave Wealth Advisors LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 28.9% during the third quarter. New Wave Wealth Advisors LLC now owns 21,528 shares of the company’s stock valued at $2,028,000 after acquiring an additional 4,824 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Vanguard Mega Cap Growth ETF stock opened at $88.78 on Friday. The company’s 50 day simple moving average is $91.13 and its 200-day simple moving average is $88.17. The company has a market capitalization of $33.41 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a 1 year low of $70.32 and a 1 year high of $95.53.

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.