Private Trust Co. NA Boosts Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Private Trust Co. NA raised its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 104.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 628 shares of the company’s stock after purchasing an additional 321 shares during the quarter. Private Trust Co. NA’s holdings in Vanguard Mega Cap Growth ETF were worth $216,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in MGK. Assetmark Inc. boosted its holdings in Vanguard Mega Cap Growth ETF by 3.8% in the third quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock valued at $2,399,580,000 after acquiring an additional 271,905 shares during the last quarter. Cassaday & Co Wealth Management LLC raised its holdings in Vanguard Mega Cap Growth ETF by 2.1% in the third quarter. Cassaday & Co Wealth Management LLC now owns 3,574,349 shares of the company’s stock valued at $1,150,762,000 after buying an additional 74,966 shares during the period. Captrust Financial Advisors lifted its position in Vanguard Mega Cap Growth ETF by 756.3% during the third quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock valued at $513,465,000 after buying an additional 1,408,609 shares in the last quarter. World Investment Advisors LLC grew its stake in Vanguard Mega Cap Growth ETF by 36,249.8% during the third quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock worth $204,331,000 after buying an additional 632,921 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in shares of Vanguard Mega Cap Growth ETF by 0.5% in the third quarter. PNC Financial Services Group Inc. now owns 566,062 shares of the company’s stock worth $182,244,000 after acquiring an additional 2,623 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 2.3 %

NYSEARCA:MGK opened at $330.61 on Tuesday. The firm’s fifty day simple moving average is $348.51 and its 200 day simple moving average is $334.88. Vanguard Mega Cap Growth ETF has a twelve month low of $266.99 and a twelve month high of $358.64. The firm has a market capitalization of $24.28 billion, a price-to-earnings ratio of 41.72 and a beta of 1.13.

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.