McAdam LLC Buys 914 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

McAdam LLC increased its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 39.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,247 shares of the company’s stock after acquiring an additional 914 shares during the period. McAdam LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,020,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of MGK. PSI Advisors LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $25,000. YHB Investment Advisors Inc. acquired a new stake in Vanguard Mega Cap Growth ETF in the first quarter valued at $29,000. Global Wealth Strategies & Associates bought a new position in shares of Vanguard Mega Cap Growth ETF in the 1st quarter valued at about $30,000. Scarborough Advisors LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth about $32,000. Finally, Redmont Wealth Advisors LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at about $35,000.

Vanguard Mega Cap Growth ETF Stock Performance

Vanguard Mega Cap Growth ETF stock traded up $3.23 during midday trading on Friday, reaching $316.62. 294,583 shares of the company’s stock were exchanged, compared to its average volume of 334,987. The stock’s 50-day simple moving average is $311.83 and its 200 day simple moving average is $295.02. The firm has a market cap of $20.96 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52 week low of $218.10 and a 52 week high of $330.36.

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.