Vanguard Mega Cap Growth ETF $MGK Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp boosted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 39.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,474 shares of the company’s stock after purchasing an additional 9,838 shares during the period. Jones Financial Companies Lllp’s holdings in Vanguard Mega Cap Growth ETF were worth $13,768,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of MGK. Allied Investment Advisors LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the third quarter valued at $295,000. Meridian Wealth Management LLC boosted its position in Vanguard Mega Cap Growth ETF by 5.4% in the 3rd quarter. Meridian Wealth Management LLC now owns 4,208 shares of the company’s stock valued at $1,694,000 after buying an additional 217 shares during the last quarter. Mutual Advisors LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 8.7% during the third quarter. Mutual Advisors LLC now owns 5,827 shares of the company’s stock valued at $2,375,000 after acquiring an additional 467 shares in the last quarter. Keybank National Association OH increased its position in shares of Vanguard Mega Cap Growth ETF by 1.7% during the third quarter. Keybank National Association OH now owns 5,544 shares of the company’s stock worth $2,231,000 after acquiring an additional 95 shares during the last quarter. Finally, Cornerstone Wealth Management LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 4.5% in the third quarter. Cornerstone Wealth Management LLC now owns 1,271 shares of the company’s stock worth $511,000 after acquiring an additional 55 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 1.4%

Shares of NYSEARCA MGK opened at $392.43 on Thursday. Vanguard Mega Cap Growth ETF has a fifty-two week low of $262.65 and a fifty-two week high of $426.80. The business has a 50 day moving average price of $411.39 and a two-hundred day moving average price of $401.91. The firm has a market cap of $30.78 billion, a PE ratio of 37.33 and a beta of 1.18.

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.