WNY Asset Management LLC Buys Shares of 8,526 Vanguard Mega Cap Growth ETF $MGK

WNY Asset Management LLC bought a new position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 8,526 shares of the company’s stock, valued at approximately $3,133,000.

Several other hedge funds also recently modified their holdings of MGK. Ancora Advisors LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 88.6% during the 3rd quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after purchasing an additional 31 shares in the last quarter. IFC & Insurance Marketing Inc. bought a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter worth $32,000. Costello Asset Management INC boosted its holdings in Vanguard Mega Cap Growth ETF by 116.3% in the fourth quarter. Costello Asset Management INC now owns 93 shares of the company’s stock worth $39,000 after purchasing an additional 50 shares in the last quarter. Newbridge Financial Services Group Inc. boosted its holdings in Vanguard Mega Cap Growth ETF by 350.0% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 99 shares of the company’s stock worth $41,000 after purchasing an additional 77 shares in the last quarter. Finally, Birchbrook Inc. acquired a new position in Vanguard Mega Cap Growth ETF during the fourth quarter worth $43,000.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA MGK opened at $86.33 on Friday. Vanguard Mega Cap Growth ETF has a fifty-two week low of $70.32 and a fifty-two week high of $92.38. The stock’s 50-day moving average is $87.57 and its two-hundred day moving average is $82.71. The firm has a market cap of $32.48 billion, a P/E ratio of 37.33 and a beta of 1.24.

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.