Silver Oak Securities Incorporated Increases Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Silver Oak Securities Incorporated raised its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 32.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,667 shares of the company’s stock after acquiring an additional 4,596 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Vanguard Mega Cap Growth ETF were worth $6,472,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of MGK. Gateway Wealth Partners LLC increased its holdings in Vanguard Mega Cap Growth ETF by 0.9% during the 3rd quarter. Gateway Wealth Partners LLC now owns 3,361 shares of the company’s stock valued at $1,082,000 after purchasing an additional 31 shares during the period. U.S. Capital Wealth Advisors LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 1.7% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 1,941 shares of the company’s stock worth $667,000 after buying an additional 33 shares during the last quarter. Strategic Blueprint LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 2.2% during the third quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock valued at $622,000 after buying an additional 42 shares during the period. First Financial Bankshares Inc increased its stake in shares of Vanguard Mega Cap Growth ETF by 6.0% during the third quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock valued at $250,000 after buying an additional 44 shares during the period. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Vanguard Mega Cap Growth ETF by 5.3% during the fourth quarter. Geneos Wealth Management Inc. now owns 917 shares of the company’s stock valued at $315,000 after acquiring an additional 46 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 0.2 %

NYSEARCA:MGK opened at $350.13 on Thursday. The firm’s fifty day simple moving average is $348.41 and its 200 day simple moving average is $328.79. The stock has a market cap of $23.18 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a twelve month low of $266.99 and a twelve month high of $358.61.

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.