Northeast Investment Management Has $11.57 Million Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Northeast Investment Management raised its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 4.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,692 shares of the company’s stock after buying an additional 1,580 shares during the period. Northeast Investment Management owned about 0.05% of Vanguard Mega Cap Growth ETF worth $11,570,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Gateway Wealth Partners LLC lifted its holdings in shares of 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 purchasing an additional 31 shares in the last quarter. U.S. Capital Wealth Advisors LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 1.7% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 1,941 shares of the company’s stock worth $667,000 after purchasing an additional 33 shares during the last quarter. Strategic Blueprint LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 2.2% during the 3rd quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock worth $622,000 after buying an additional 42 shares in the last quarter. First Financial Bankshares Inc increased its position in shares of Vanguard Mega Cap Growth ETF by 6.0% during the third quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock valued at $250,000 after acquiring an additional 44 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in Vanguard Mega Cap Growth ETF by 5.3% in the fourth quarter. Geneos Wealth Management Inc. now owns 917 shares of the company’s stock worth $315,000 after purchasing an additional 46 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA MGK opened at $348.69 on Friday. The stock has a market capitalization of $23.08 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The business’s fifty day moving average is $348.91 and its 200-day moving average is $329.28. Vanguard Mega Cap Growth ETF has a one year low of $266.99 and a one year high of $358.61.

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.