Griffin Asset Management Inc. Takes $694,000 Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Griffin Asset Management Inc. acquired a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,021 shares of the company’s stock, valued at approximately $694,000.

A number of other institutional investors and hedge funds have also bought and sold shares of MGK. Gateway Wealth Partners LLC grew its stake in Vanguard Mega Cap Growth ETF by 0.9% in the third quarter. Gateway Wealth Partners LLC now owns 3,361 shares of the company’s stock valued at $1,082,000 after acquiring an additional 31 shares during the period. Strategic Blueprint LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 2.2% in the 3rd quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock worth $622,000 after purchasing an additional 42 shares in the last quarter. First Financial Bankshares Inc grew its position in Vanguard Mega Cap Growth ETF by 6.0% in the 3rd quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock valued at $250,000 after purchasing an additional 44 shares during the period. Geneos Wealth Management Inc. increased its stake in Vanguard Mega Cap Growth ETF by 5.3% during the 4th quarter. Geneos Wealth Management Inc. now owns 917 shares of the company’s stock valued at $315,000 after purchasing an additional 46 shares in the last quarter. Finally, Trilogy Capital Inc. raised its holdings in Vanguard Mega Cap Growth ETF by 7.4% during the third quarter. Trilogy Capital Inc. now owns 730 shares of the company’s stock worth $235,000 after buying an additional 50 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA MGK opened at $351.94 on Wednesday. The company has a 50-day moving average price of $346.97 and a 200-day moving average price of $327.57. The stock has a market capitalization of $23.29 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 1 year low of $265.99 and a 1 year 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.