Wilmington Savings Fund Society FSB Invests $1.06 Million in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Wilmington Savings Fund Society FSB bought a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 3,081 shares of the company’s stock, valued at approximately $1,058,000.

Several other large investors have also recently added to or reduced their stakes in MGK. Peterson Financial Group Inc. purchased a new stake in Vanguard Mega Cap Growth ETF in the 3rd quarter valued at about $33,000. Copley Financial Group Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the third quarter worth approximately $33,000. Riggs Asset Managment Co. Inc. purchased a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $40,000. Bfsg LLC increased its position in Vanguard Mega Cap Growth ETF by 386.7% during the third quarter. Bfsg LLC now owns 146 shares of the company’s stock worth $47,000 after purchasing an additional 116 shares during the last quarter. Finally, Valley National Advisers Inc. purchased a new position in Vanguard Mega Cap Growth ETF during the third quarter worth approximately $55,000.

Vanguard Mega Cap Growth ETF Stock Up 1.0 %

Shares of NYSEARCA MGK opened at $352.33 on Tuesday. The stock has a market capitalization of $23.32 billion, a PE ratio of 42.92 and a beta of 1.28. The firm has a fifty day moving average of $349.09 and a 200-day moving average of $329.83. Vanguard Mega Cap Growth ETF has a 52-week low of $266.99 and a 52-week high of $358.61.

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.