Maridea Wealth Management LLC Boosts Holdings in Vanguard Mega Cap Growth ETF $MGK

Maridea Wealth Management LLC increased its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 720.4% during the 3rd quarter, Holdings Channel reports. The fund owned 12,208 shares of the company’s stock after purchasing an additional 10,720 shares during the quarter. Vanguard Mega Cap Growth ETF makes up about 0.8% of Maridea Wealth Management LLC’s investment portfolio, making the stock its 26th largest position. Maridea Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $4,974,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Atlantic Union Bankshares Corp acquired a new stake in Vanguard Mega Cap Growth ETF during the second quarter valued at $30,000. Dynamic Wealth Strategies LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter worth about $44,000. North Star Investment Management Corp. boosted its stake in shares of Vanguard Mega Cap Growth ETF by 182.1% during the 3rd quarter. North Star Investment Management Corp. now owns 110 shares of the company’s stock worth $44,000 after acquiring an additional 71 shares in the last quarter. Smartleaf Asset Management LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 463.6% during the 2nd quarter. Smartleaf Asset Management LLC now owns 124 shares of the company’s stock valued at $45,000 after acquiring an additional 102 shares during the period. Finally, MTM Investment Management LLC acquired a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter worth about $51,000.

Vanguard Mega Cap Growth ETF Trading Up 0.3%

Shares of MGK stock opened at $385.87 on Wednesday. Vanguard Mega Cap Growth ETF has a 12-month low of $262.65 and a 12-month high of $426.80. The business’s 50 day moving average is $406.79 and its two-hundred day moving average is $402.85. The company has a market capitalization of $30.27 billion, a P/E ratio of 37.33 and a beta of 1.18.

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.