Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Stock Position Increased by Cassaday & Co Wealth Management LLC

Cassaday & Co Wealth Management LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.1% in the fourth quarter, HoldingsChannel reports. The firm owned 3,577,296 shares of the company’s stock after acquiring an additional 2,947 shares during the period. Vanguard Mega Cap Growth ETF makes up about 33.5% of Cassaday & Co Wealth Management LLC’s portfolio, making the stock its biggest holding. Cassaday & Co Wealth Management LLC owned approximately 0.05% of Vanguard Mega Cap Growth ETF worth $1,228,479,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of MGK. Allspring Global Investments Holdings LLC increased its position in Vanguard Mega Cap Growth ETF by 23.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 66,015 shares of the company’s stock worth $21,254,000 after buying an additional 12,655 shares in the last quarter. McAdam LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 18.0% in the third quarter. McAdam LLC now owns 3,830 shares of the company’s stock valued at $1,233,000 after acquiring an additional 583 shares in the last quarter. SOL Capital Management CO boosted its stake in shares of Vanguard Mega Cap Growth ETF by 2.3% during the third quarter. SOL Capital Management CO now owns 32,287 shares of the company’s stock valued at $10,395,000 after acquiring an additional 735 shares during the last quarter. International Assets Investment Management LLC increased its position in 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 purchasing an additional 128,784 shares in the last quarter. Finally, Onyx Financial Advisors LLC acquired a new position in Vanguard Mega Cap Growth ETF in the 3rd quarter valued at about $204,000.

Vanguard Mega Cap Growth ETF Trading Down 0.5 %

NYSEARCA:MGK opened at $355.78 on Friday. Vanguard Mega Cap Growth ETF has a 12-month low of $266.99 and a 12-month high of $358.64. The firm has a market cap of $26.13 billion, a price-to-earnings ratio of 41.72 and a beta of 1.13. The company’s 50-day moving average is $349.79 and its two-hundred day moving average is $332.44.

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.