Kingsview Wealth Management LLC Purchases 7,794 Shares of Vanguard Mega Cap Growth ETF $MGK

Kingsview Wealth Management LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 24.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,003 shares of the company’s stock after purchasing an additional 7,794 shares during the period. Kingsview Wealth Management LLC owned 0.05% of Vanguard Mega Cap Growth ETF worth $16,098,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of MGK. Bright Futures Wealth Management LLC. bought a new stake in Vanguard Mega Cap Growth ETF during the third quarter worth about $3,668,000. RFP Financial Group LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 242.2% in the third quarter. RFP Financial Group LLC now owns 8,969 shares of the company’s stock worth $3,609,000 after purchasing an additional 6,348 shares during the last quarter. Okabena Investment Services Inc. purchased a new position in Vanguard Mega Cap Growth ETF in the 3rd quarter worth about $7,166,000. Arete Wealth Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF during the third quarter valued at approximately $551,000. Finally, Nicholas Hoffman & Company LLC. boosted its stake in shares of Vanguard Mega Cap Growth ETF by 80.9% in the 3rd quarter. Nicholas Hoffman & Company LLC. now owns 3,108 shares of the company’s stock worth $1,251,000 after buying an additional 1,390 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.9%

Shares of NYSEARCA:MGK opened at $386.95 on Monday. The firm’s 50 day moving average price is $403.39 and its 200-day moving average price is $403.17. The stock has a market capitalization of $30.35 billion, a PE ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a twelve month low of $262.65 and a twelve month high of $426.80.

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.