LPL Financial LLC Acquires 136,586 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

LPL Financial LLC raised its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 14.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,080,875 shares of the company’s stock after purchasing an additional 136,586 shares during the quarter. LPL Financial LLC owned approximately 1.63% of Vanguard Mega Cap Growth ETF worth $371,183,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Bank of Jackson Hole Trust bought a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth $27,000. 1620 Investment Advisors Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth $30,000. Mainstream Capital Management LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth $31,000. Copley Financial Group Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the third quarter worth $33,000. Finally, Riggs Asset Managment Co. Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth $40,000.

Vanguard Mega Cap Growth ETF Stock Up 0.6 %

MGK stock opened at $316.70 on Friday. The company has a market cap of $23.21 billion, a P/E ratio of 36.87 and a beta of 1.15. Vanguard Mega Cap Growth ETF has a twelve month low of $266.99 and a twelve month high of $358.64. The business has a fifty day moving average of $339.38 and a 200-day moving average of $335.15.

Vanguard Mega Cap Growth ETF Company 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.