Rolek Wealth Management LLC Has $786,000 Stake in Vanguard Mega Cap Growth ETF $MGK

Rolek Wealth Management LLC increased its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 11.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,148 shares of the company’s stock after purchasing an additional 216 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for approximately 0.7% of Rolek Wealth Management LLC’s investment portfolio, making the stock its 9th largest position. Rolek Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $786,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Redmont Wealth Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF in the 1st quarter valued at approximately $32,000. Safe Harbor Fiduciary LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the 1st quarter worth $32,000. Valued Wealth Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF during the 1st quarter valued at $42,000. Garde Capital Inc. bought a new position in Vanguard Mega Cap Growth ETF during the 1st quarter valued at $49,000. Finally, Signaturefd LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 833.3% during the 2nd quarter. Signaturefd LLC now owns 140 shares of the company’s stock worth $51,000 after purchasing an additional 125 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA MGK opened at $402.42 on Wednesday. The business’s fifty day moving average is $387.83 and its 200-day moving average is $352.62. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year high of $405.86. The stock has a market capitalization of $29.86 billion, a price-to-earnings ratio of 37.33 and a beta of 1.11.

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.