1,236 Shares in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Acquired by Maridea Wealth Management LLC

Maridea Wealth Management LLC bought a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 4th quarter, HoldingsChannel reports. The firm bought 1,236 shares of the company’s stock, valued at approximately $424,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. FMR LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 12.7% in the third quarter. FMR LLC now owns 23,961 shares of the company’s stock valued at $7,714,000 after purchasing an additional 2,704 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in Vanguard Mega Cap Growth ETF by 11.4% in the 4th quarter. Oppenheimer & Co. Inc. now owns 1,339 shares of the company’s stock valued at $460,000 after purchasing an additional 137 shares during the last quarter. Amara Financial LLC. grew its stake in shares of Vanguard Mega Cap Growth ETF by 4.7% in the 4th quarter. Amara Financial LLC. now owns 70,704 shares of the company’s stock valued at $24,280,000 after buying an additional 3,147 shares during the period. Wedmont Private Capital increased its holdings in shares of Vanguard Mega Cap Growth ETF by 8.6% during the 4th quarter. Wedmont Private Capital now owns 811 shares of the company’s stock worth $276,000 after buying an additional 64 shares during the last quarter. Finally, Ameritas Advisory Services LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 131.7% during the 4th quarter. Ameritas Advisory Services LLC now owns 37,676 shares of the company’s stock valued at $12,938,000 after buying an additional 21,417 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of Vanguard Mega Cap Growth ETF stock opened at $308.50 on Friday. The stock has a 50 day moving average of $337.07 and a 200 day moving average of $335.70. The firm has a market capitalization of $22.49 billion, a price-to-earnings ratio of 35.83 and a beta of 1.15. Vanguard Mega Cap Growth ETF has a fifty-two week low of $266.99 and a fifty-two week high of $358.64.

Vanguard Mega Cap Growth ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be issued a dividend of $0.3397 per share. The ex-dividend date of this dividend is Thursday, March 27th. This is a boost from Vanguard Mega Cap Growth ETF’s previous dividend of $0.31.

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.