Gray Wealth Management Inc. Has $1.25 Million Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Gray Wealth Management Inc. grew its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,804 shares of the company’s stock after purchasing an additional 51 shares during the period. Gray Wealth Management Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $1,247,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in MGK. Moneta Group Investment Advisors LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 169,329.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 17,371,593 shares of the company’s stock worth $2,989,130,000 after acquiring an additional 17,361,340 shares in the last quarter. Cerity Partners LLC acquired a new position in Vanguard Mega Cap Growth ETF in the fourth quarter worth $81,857,000. Bank of America Corp DE increased its stake in shares of Vanguard Mega Cap Growth ETF by 12.5% in the first quarter. Bank of America Corp DE now owns 1,894,854 shares of the company’s stock valued at $387,517,000 after buying an additional 211,208 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Vanguard Mega Cap Growth ETF by 29.0% during the second quarter. Wells Fargo & Company MN now owns 862,993 shares of the company’s stock valued at $203,079,000 after purchasing an additional 193,871 shares during the last quarter. Finally, American Trust increased its stake in shares of Vanguard Mega Cap Growth ETF by 291.7% in the 3rd quarter. American Trust now owns 221,623 shares of the company’s stock valued at $50,286,000 after buying an additional 165,038 shares during the period.

Vanguard Mega Cap Growth ETF Trading Down 0.6 %

Shares of MGK traded down $1.70 during trading hours on Thursday, hitting $274.50. 265,404 shares of the stock traded hands, compared to its average volume of 336,064. The business has a fifty day moving average of $283.55 and a 200-day moving average of $261.48. The firm has a market capitalization of $18.25 billion, a PE ratio of 42.52 and a beta of 1.11. Vanguard Mega Cap Growth ETF has a 1-year low of $199.81 and a 1-year high of $291.40.

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.