Cascade Financial Partners LLC Boosts Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Cascade Financial Partners LLC boosted its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.7% in the fourth quarter, Holdings Channel reports. The fund owned 30,609 shares of the company’s stock after purchasing an additional 800 shares during the quarter. Vanguard Mega Cap Growth ETF comprises 1.4% of Cascade Financial Partners LLC’s investment portfolio, making the stock its 13th biggest holding. Cascade Financial Partners LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $10,511,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Bank of Jackson Hole Trust bought a new position in shares of Vanguard Mega Cap Growth ETF in the fourth quarter worth about $27,000. Mainstream Capital Management LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter worth about $31,000. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the third quarter worth about $33,000. Copley Financial Group Inc. purchased a new stake in Vanguard Mega Cap Growth ETF during the third quarter valued at approximately $33,000. Finally, Riggs Asset Managment Co. Inc. purchased a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter valued at approximately $40,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA MGK opened at $309.56 on Wednesday. The company has a market cap of $22.69 billion, a price-to-earnings ratio of 36.87 and a beta of 1.15. The business’s 50 day moving average price is $344.44 and its 200-day moving average price is $335.25. Vanguard Mega Cap Growth ETF has a fifty-two week low of $266.99 and a fifty-two week 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.