Concurrent Investment Advisors LLC Increases Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Concurrent Investment Advisors LLC lifted its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 17.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 42,187 shares of the company’s stock after buying an additional 6,223 shares during the period. Concurrent Investment Advisors LLC owned approximately 0.06% of Vanguard Mega Cap Growth ETF worth $14,488,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of Jackson Hole Trust purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth approximately $27,000. Peterson Financial Group Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter worth approximately $33,000. Copley Financial Group Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter worth approximately $33,000. Riggs Asset Managment Co. Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth approximately $40,000. Finally, Pittenger & Anderson Inc. lifted its stake in Vanguard Mega Cap Growth ETF by 25.0% in the fourth quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock valued at $52,000 after purchasing an additional 30 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 0.1 %

Vanguard Mega Cap Growth ETF stock opened at $357.48 on Thursday. Vanguard Mega Cap Growth ETF has a 12 month low of $266.99 and a 12 month high of $358.64. The business’s 50 day simple moving average is $349.75 and its 200 day simple moving average is $332.28. The company has a market cap of $26.25 billion, a price-to-earnings ratio of 41.72 and a beta of 1.13.

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.