Synergy Investment Management LLC Makes New Investment in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Synergy Investment Management LLC bought a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,150 shares of the company’s stock, valued at approximately $738,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Steward Partners Investment Advisory LLC raised its stake in Vanguard Mega Cap Growth ETF by 5.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 26,209 shares of the company’s stock worth $9,001,000 after purchasing an additional 1,326 shares in the last quarter. Mission Wealth Management LP raised its position in shares of Vanguard Mega Cap Growth ETF by 99.4% in the fourth quarter. Mission Wealth Management LP now owns 1,288 shares of the company’s stock valued at $442,000 after buying an additional 642 shares in the last quarter. Amara Financial LLC. raised its position in shares of Vanguard Mega Cap Growth ETF by 4.7% in the fourth quarter. Amara Financial LLC. now owns 70,704 shares of the company’s stock valued at $24,280,000 after buying an additional 3,147 shares in the last quarter. Planning Directions Inc. boosted its stake in shares of Vanguard Mega Cap Growth ETF by 4.5% in the fourth quarter. Planning Directions Inc. now owns 957 shares of the company’s stock valued at $329,000 after buying an additional 41 shares during the period. Finally, SBI Securities Co. Ltd. acquired a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter worth approximately $703,000.

Vanguard Mega Cap Growth ETF Price Performance

Vanguard Mega Cap Growth ETF stock opened at $330.61 on Tuesday. The firm has a market cap of $24.28 billion, a PE ratio of 41.72 and a beta of 1.13. The stock’s fifty day moving average price is $348.51 and its two-hundred day moving average price is $334.88. Vanguard Mega Cap Growth ETF has a one year low of $266.99 and a one year high of $358.64.

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.