Vanguard Mega Cap Growth ETF $MGK Holdings Boosted by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. raised its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 9.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 66,450 shares of the company’s stock after acquiring an additional 5,500 shares during the period. Mirae Asset Global Investments Co. Ltd. owned 0.09% of Vanguard Mega Cap Growth ETF worth $26,741,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in MGK. Truist Financial Corp grew its position in shares of Vanguard Mega Cap Growth ETF by 4.3% during the third quarter. Truist Financial Corp now owns 29,612 shares of the company’s stock worth $11,916,000 after acquiring an additional 1,214 shares during the last quarter. Summit Investment Advisory Services LLC bought a new stake in Vanguard Mega Cap Growth ETF in the 3rd quarter valued at about $865,000. Stonegate Investment Group LLC boosted its stake in Vanguard Mega Cap Growth ETF by 35.1% during the 3rd quarter. Stonegate Investment Group LLC now owns 2,030 shares of the company’s stock valued at $817,000 after purchasing an additional 527 shares during the period. B. Riley Wealth Advisors Inc. bought a new position in Vanguard Mega Cap Growth ETF in the 3rd quarter worth about $390,000. Finally, WealthShield Partners LLC grew its position in Vanguard Mega Cap Growth ETF by 0.3% in the 3rd quarter. WealthShield Partners LLC now owns 45,601 shares of the company’s stock worth $18,349,000 after purchasing an additional 128 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.8%

Shares of NYSEARCA MGK opened at $409.06 on Friday. The stock has a 50 day simple moving average of $411.88 and a 200-day simple moving average of $400.93. The company has a market cap of $32.09 billion, a PE ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 12-month low of $262.65 and a 12-month high of $426.80.

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.