Sage Investment Advisers LLC Acquires 224 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Sage Investment Advisers LLC increased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 15.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,686 shares of the company’s stock after purchasing an additional 224 shares during the quarter. Sage Investment Advisers LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $438,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of MGK. Summit Investment Advisory Services LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 1.0% during the 4th quarter. Summit Investment Advisory Services LLC now owns 4,125 shares of the company’s stock valued at $1,070,000 after purchasing an additional 39 shares during the last quarter. Hubbell Strickland Wealth Management LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 3.7% during the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 1,180 shares of the company’s stock valued at $306,000 after acquiring an additional 42 shares during the period. Keystone Financial Group lifted its stake in Vanguard Mega Cap Growth ETF by 1.6% in the 3rd quarter. Keystone Financial Group now owns 2,884 shares of the company’s stock valued at $654,000 after buying an additional 45 shares in the last quarter. N.E.W. Advisory Services LLC lifted its stake in Vanguard Mega Cap Growth ETF by 0.8% in the 4th quarter. N.E.W. Advisory Services LLC now owns 6,336 shares of the company’s stock valued at $1,644,000 after buying an additional 49 shares in the last quarter. Finally, Gray Wealth Management Inc. lifted its stake in Vanguard Mega Cap Growth ETF by 1.1% in the 4th quarter. Gray Wealth Management Inc. now owns 4,804 shares of the company’s stock worth $1,247,000 after purchasing an additional 51 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.2 %

MGK traded down $0.55 during trading on Wednesday, reaching $284.65. The company’s stock had a trading volume of 173,259 shares, compared to its average volume of 335,485. The firm has a fifty day simple moving average of $282.35 and a two-hundred day simple moving average of $266.11. Vanguard Mega Cap Growth ETF has a 1 year low of $208.16 and a 1 year high of $291.40. The company has a market cap of $18.93 billion, a price-to-earnings ratio of 40.90 and a beta of 1.26.

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.