Dopkins Wealth Management LLC Has $735,000 Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Dopkins Wealth Management LLC boosted its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 18.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 2,338 shares of the company’s stock after buying an additional 368 shares during the quarter. Dopkins Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $735,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. PSI Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF in the second quarter valued at about $25,000. YHB Investment Advisors Inc. bought a new position in Vanguard Mega Cap Growth ETF in the first quarter valued at about $29,000. Global Wealth Strategies & Associates bought a new position in Vanguard Mega Cap Growth ETF during the first quarter worth about $30,000. Redmont Wealth Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF during the second quarter worth about $35,000. Finally, Scarborough Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF during the fourth quarter worth about $32,000.

Vanguard Mega Cap Growth ETF Stock Performance

MGK traded up $3.16 during midday trading on Friday, reaching $314.67. 586,508 shares of the company were exchanged, compared to its average volume of 338,069. Vanguard Mega Cap Growth ETF has a one year low of $218.10 and a one year high of $330.36. The stock has a market capitalization of $20.83 billion, a P/E ratio of 42.92 and a beta of 1.28. The stock’s 50-day simple moving average is $311.70 and its 200 day simple moving average is $296.20.

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.