Siligmueller & Norvid Wealth Advisors LLC Makes New $573,000 Investment in Vanguard Mega Cap Growth ETF $MGK

Siligmueller & Norvid Wealth Advisors LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 3rd quarter, Holdings Channel reports. The firm bought 1,424 shares of the company’s stock, valued at approximately $573,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vestmark Advisory Solutions Inc. grew its holdings in Vanguard Mega Cap Growth ETF by 159.9% in the second quarter. Vestmark Advisory Solutions Inc. now owns 74,226 shares of the company’s stock valued at $27,179,000 after purchasing an additional 45,667 shares during the period. First Horizon Corp purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at approximately $1,351,000. Beaumont Asset Management L.L.C. raised its position in shares of Vanguard Mega Cap Growth ETF by 271.2% during the 3rd quarter. Beaumont Asset Management L.L.C. now owns 6,233 shares of the company’s stock valued at $2,508,000 after buying an additional 4,554 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 9.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 36,652 shares of the company’s stock valued at $14,749,000 after acquiring an additional 3,046 shares during the last quarter. Finally, DT Investment Partners LLC increased its stake in Vanguard Mega Cap Growth ETF by 4,887.2% during the third quarter. DT Investment Partners LLC now owns 89,421 shares of the company’s stock worth $35,985,000 after acquiring an additional 87,628 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK stock opened at $390.27 on Friday. Vanguard Mega Cap Growth ETF has a 1-year low of $262.65 and a 1-year high of $426.80. The firm has a market cap of $30.61 billion, a PE ratio of 37.33 and a beta of 1.18. The company has a 50-day moving average of $405.24 and a two-hundred day moving average of $402.71.

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.