Kestra Advisory Services LLC Purchases 26,681 Shares of Vanguard Mega Cap Growth ETF $MGK

Kestra Advisory Services LLC increased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 61.1% in the first quarter, Holdings Channel.com reports. The firm owned 70,315 shares of the company’s stock after acquiring an additional 26,681 shares during the period. Kestra Advisory Services LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $25,836,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ancora Advisors LLC lifted its position in Vanguard Mega Cap Growth ETF by 88.6% during the 3rd quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after purchasing an additional 31 shares during the period. Aventura Private Wealth LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $28,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $32,000. Costello Asset Management INC raised its stake in shares of Vanguard Mega Cap Growth ETF by 116.3% during the fourth quarter. Costello Asset Management INC now owns 93 shares of the company’s stock worth $39,000 after buying an additional 50 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. raised its stake in shares of Vanguard Mega Cap Growth ETF by 350.0% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 99 shares of the company’s stock worth $41,000 after buying an additional 77 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 0.5%

NYSEARCA MGK traded up $0.46 during trading hours on Friday, hitting $89.06. The company’s stock had a trading volume of 1,415,313 shares, compared to its average volume of 2,362,092. Vanguard Mega Cap Growth ETF has a twelve month low of $70.32 and a twelve month high of $92.38. The firm has a market capitalization of $33.50 billion, a P/E ratio of 37.33 and a beta of 1.24. The stock has a fifty day moving average of $87.97 and a 200 day moving average of $82.35.

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.