Stonebridge Financial Planning Group LLC Increases Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Stonebridge Financial Planning Group LLC increased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 10.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,943 shares of the company’s stock after buying an additional 178 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $626,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. PSI Advisors LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter valued at about $25,000. Rothschild Investment LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the second quarter worth about $31,000. Peterson Financial Group Inc. bought a new position in Vanguard Mega Cap Growth ETF during the 3rd quarter valued at approximately $33,000. Redmont Wealth Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter worth $35,000. Finally, Trifecta Capital Advisors LLC purchased a new stake in Vanguard Mega Cap Growth ETF in the second quarter worth about $45,000.

Vanguard Mega Cap Growth ETF Price Performance

MGK stock traded down $1.47 during midday trading on Wednesday, hitting $334.41. The stock had a trading volume of 7,140 shares, compared to its average volume of 343,342. The business has a 50-day moving average of $325.16 and a two-hundred day moving average of $312.79. The firm has a market cap of $22.13 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 $246.18 and a 52-week high of $342.22.

Vanguard Mega Cap Growth ETF Company 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.