Life Planning Partners Inc Invests $3.89 Million in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Life Planning Partners Inc acquired a new position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 11,333 shares of the company’s stock, valued at approximately $3,892,000.

Several other hedge funds have also recently bought and sold shares of MGK. FMR LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 12.7% in the third quarter. FMR LLC now owns 23,961 shares of the company’s stock valued at $7,714,000 after purchasing an additional 2,704 shares during the period. Oppenheimer & Co. Inc. increased its position in Vanguard Mega Cap Growth ETF by 14.5% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,202 shares of the company’s stock valued at $387,000 after acquiring an additional 152 shares during the period. Allspring Global Investments Holdings LLC increased its position in Vanguard Mega Cap Growth ETF by 23.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 66,015 shares of the company’s stock valued at $21,254,000 after acquiring an additional 12,655 shares during the period. Wedmont Private Capital raised its stake in Vanguard Mega Cap Growth ETF by 8.6% during the 4th quarter. Wedmont Private Capital now owns 811 shares of the company’s stock valued at $276,000 after acquiring an additional 64 shares in the last quarter. Finally, Ameritas Advisory Services LLC boosted its position in Vanguard Mega Cap Growth ETF by 131.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 37,676 shares of the company’s stock worth $12,938,000 after acquiring an additional 21,417 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $356.46 on Friday. Vanguard Mega Cap Growth ETF has a one year low of $266.99 and a one year high of $358.61. The stock’s fifty day moving average is $349.36 and its 200-day moving average is $330.51. The firm has a market capitalization of $23.59 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28.

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.