LongView Wealth Management Raises Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

LongView Wealth Management raised its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 4.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,139 shares of the company’s stock after purchasing an additional 178 shares during the period. LongView Wealth Management’s holdings in Vanguard Mega Cap Growth ETF were worth $1,421,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of MGK. Assetmark Inc. raised its holdings in shares of Vanguard Mega Cap Growth ETF by 3.8% during the third quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock valued at $2,399,580,000 after acquiring an additional 271,905 shares during the last quarter. Cassaday & Co Wealth Management LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 2.1% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 3,574,349 shares of the company’s stock worth $1,150,762,000 after buying an additional 74,966 shares during the last quarter. Captrust Financial Advisors raised its position in shares of Vanguard Mega Cap Growth ETF by 756.3% during the 3rd quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock valued at $513,465,000 after buying an additional 1,408,609 shares during the period. World Investment Advisors LLC lifted its holdings 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 acquiring an additional 632,921 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in Vanguard Mega Cap Growth ETF by 0.5% in the third quarter. PNC Financial Services Group Inc. now owns 566,062 shares of the company’s stock worth $182,244,000 after acquiring an additional 2,623 shares during the period.

Vanguard Mega Cap Growth ETF Stock Up 1.4 %

MGK stock opened at $346.91 on Friday. The stock has a market cap of $22.96 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52-week low of $261.32 and a 52-week high of $358.61. The business has a fifty day moving average of $345.05 and a two-hundred day moving average of $326.26.

Vanguard Mega Cap Growth ETF 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.