EverSource Wealth Advisors LLC Has $6.43 Million Stock Position in Vanguard Mega Cap Growth ETF $MGK

EverSource Wealth Advisors LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 59.9% during the first quarter, Holdings Channel reports. The firm owned 17,488 shares of the company’s stock after purchasing an additional 6,548 shares during the period. EverSource Wealth Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $6,426,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of MGK. Sollinda Capital Management LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 147.3% during the 4th quarter. Sollinda Capital Management LLC now owns 4,749 shares of the company’s stock worth $1,960,000 after acquiring an additional 2,829 shares in the last quarter. Royal Fund Management LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 22.6% in the 4th quarter. Royal Fund Management LLC now owns 21,591 shares of the company’s stock valued at $8,928,000 after acquiring an additional 3,980 shares in the last quarter. Cornerstone Wealth Group LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the 1st quarter valued at approximately $3,191,000. Leelyn Smith LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 6.1% in the 1st quarter. Leelyn Smith LLC now owns 152,036 shares of the company’s stock valued at $55,864,000 after acquiring an additional 8,770 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 61.1% in the 1st quarter. Kestra Advisory Services LLC now owns 70,315 shares of the company’s stock worth $25,836,000 after purchasing an additional 26,681 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.1%

Shares of Vanguard Mega Cap Growth ETF stock opened at $84.46 on Wednesday. The stock has a market capitalization of $31.77 billion, a P/E ratio of 37.33 and a beta of 1.24. The stock has a 50 day moving average price of $87.80 and a two-hundred day moving average price of $82.66. Vanguard Mega Cap Growth ETF has a 12-month low of $70.32 and a 12-month high of $92.38.

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.