Physician Wealth Advisors Inc. Makes New Investment in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Physician Wealth Advisors Inc. acquired a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 208 shares of the company’s stock, valued at approximately $71,000.

A number of other institutional investors have also modified their holdings of the company. Bank of Jackson Hole Trust purchased a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter worth approximately $27,000. 1620 Investment Advisors Inc. acquired a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at $30,000. Mainstream Capital Management LLC purchased a new stake in Vanguard Mega Cap Growth ETF during the 4th quarter worth $31,000. Copley Financial Group Inc. acquired a new stake in Vanguard Mega Cap Growth ETF in the 3rd quarter valued at $33,000. Finally, Riggs Asset Managment Co. Inc. acquired a new stake in Vanguard Mega Cap Growth ETF in the 4th quarter valued at $40,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK opened at $308.50 on Monday. Vanguard Mega Cap Growth ETF has a 12 month low of $266.99 and a 12 month high of $358.64. The stock’s 50-day moving average is $337.07 and its two-hundred day moving average is $335.87. The stock has a market cap of $22.49 billion, a PE ratio of 35.83 and a beta of 1.15.

Vanguard Mega Cap Growth ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a dividend of $0.3397 per share. The ex-dividend date of this dividend is Thursday, March 27th. This is a positive change from Vanguard Mega Cap Growth ETF’s previous dividend of $0.31.

Vanguard Mega Cap Growth ETF 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.