HB Wealth Management LLC Raises Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

HB Wealth Management LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 10.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,253 shares of the company’s stock after acquiring an additional 6,849 shares during the period. HB Wealth Management LLC owned 0.11% of Vanguard Mega Cap Growth ETF worth $25,156,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Peterson Financial Group Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the third quarter worth about $33,000. Copley Financial Group Inc. purchased a new stake in Vanguard Mega Cap Growth ETF during the 3rd quarter valued at approximately $33,000. Bfsg LLC lifted its position in Vanguard Mega Cap Growth ETF by 386.7% during the 3rd quarter. Bfsg LLC now owns 146 shares of the company’s stock worth $47,000 after acquiring an additional 116 shares during the period. Massmutual Trust Co. FSB ADV purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at approximately $48,000. Finally, Valley National Advisers Inc. acquired a new position in shares of Vanguard Mega Cap Growth ETF in the third quarter valued at approximately $55,000.

Vanguard Mega Cap Growth ETF Stock Up 1.4 %

NYSEARCA:MGK traded up $4.73 during midday trading on Friday, reaching $346.91. The stock had a trading volume of 343,485 shares, compared to its average volume of 416,925. The stock has a market cap of $22.96 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 12-month low of $261.32 and a 12-month high of $358.61. The firm has a fifty day simple moving average of $345.05 and a two-hundred day simple moving average of $326.26.

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.