Synergy Asset Management LLC Takes Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Synergy Asset Management LLC acquired a new position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 8,012 shares of the company’s stock, valued at approximately $2,517,000.

Other hedge funds have also recently bought and sold shares of the company. PSI Advisors LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the second quarter valued at approximately $25,000. YHB Investment Advisors Inc. acquired a new stake in Vanguard Mega Cap Growth ETF in the 1st quarter valued at approximately $29,000. Global Wealth Strategies & Associates acquired a new stake in Vanguard Mega Cap Growth ETF in the 1st quarter valued at approximately $30,000. Rothschild Investment LLC bought a new stake in Vanguard Mega Cap Growth ETF during the 2nd quarter valued at $31,000. Finally, Scarborough Advisors LLC acquired a new position in Vanguard Mega Cap Growth ETF during the 4th quarter worth $32,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA:MGK traded down $0.49 on Friday, hitting $304.58. The company’s stock had a trading volume of 33,169 shares, compared to its average volume of 337,964. Vanguard Mega Cap Growth ETF has a 12 month low of $218.10 and a 12 month high of $330.36. The stock’s 50-day moving average is $311.12 and its two-hundred day moving average is $296.97. The company has a market capitalization of $20.16 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28.

About Vanguard Mega Cap Growth ETF

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.