Townsquare Capital LLC Boosts Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Townsquare Capital LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 11.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,399 shares of the company’s stock after purchasing an additional 346 shares during the quarter. Townsquare Capital LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,167,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Proficio Capital Partners LLC boosted its stake in Vanguard Mega Cap Growth ETF by 34,241.0% during the fourth quarter. Proficio Capital Partners LLC now owns 393,204 shares of the company’s stock worth $135,030,000 after buying an additional 392,059 shares during the period. Strategic Financial Concepts LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth about $82,803,000. Raymond James Financial Inc. bought a new position in Vanguard Mega Cap Growth ETF during the 4th quarter valued at about $79,888,000. LPL Financial LLC raised its position in Vanguard Mega Cap Growth ETF by 14.5% in the 4th quarter. LPL Financial LLC now owns 1,080,875 shares of the company’s stock worth $371,183,000 after purchasing an additional 136,586 shares during the period. Finally, Independent Advisor Alliance bought a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter worth about $15,346,000.

Vanguard Mega Cap Growth ETF Stock Performance

MGK opened at $292.51 on Friday. The stock’s 50 day moving average price is $319.66 and its 200-day moving average price is $333.02. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year high of $358.64. The stock has a market cap of $21.27 billion, a price-to-earnings ratio of 32.92 and a beta of 1.20.

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.