634 Shares in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Bought by Ballast Inc.

Ballast Inc. purchased a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 634 shares of the company’s stock, valued at approximately $218,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of MGK. Captrust Financial Advisors raised its holdings in shares of Vanguard Mega Cap Growth ETF by 756.3% in the 3rd quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock valued at $513,465,000 after purchasing an additional 1,408,609 shares during the period. World Investment Advisors LLC raised its stake in Vanguard Mega Cap Growth ETF by 36,249.8% in the third quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock valued at $204,331,000 after buying an additional 632,921 shares during the period. Comerica Bank lifted its position in shares of Vanguard Mega Cap Growth ETF by 325.4% in the second quarter. Comerica Bank now owns 359,241 shares of the company’s stock valued at $112,877,000 after buying an additional 274,801 shares during the last quarter. Assetmark Inc. boosted its stake in shares of Vanguard Mega Cap Growth ETF by 3.8% during the 3rd quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock worth $2,399,580,000 after acquiring an additional 271,905 shares during the period. Finally, International Assets Investment Management LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 32,115.7% during the 3rd quarter. International Assets Investment Management LLC now owns 129,185 shares of the company’s stock worth $41,591,000 after acquiring an additional 128,784 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of Vanguard Mega Cap Growth ETF stock opened at $346.91 on Friday. The business has a fifty day simple moving average of $345.05 and a two-hundred day simple moving average of $326.31. Vanguard Mega Cap Growth ETF has a 1 year low of $261.32 and a 1 year high of $358.61. The company has a market capitalization of $22.96 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.