Virtus Family Office LLC Takes $1.03 Million Position in Vanguard Mega Cap Growth ETF $MGK

Virtus Family Office LLC bought a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,556 shares of the company’s stock, valued at approximately $1,029,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vantagepoint Investment Advisers LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter worth approximately $335,586,000. Osaic Holdings Inc. boosted its holdings in Vanguard Mega Cap Growth ETF by 383.6% during the second quarter. Osaic Holdings Inc. now owns 623,866 shares of the company’s stock worth $228,441,000 after buying an additional 494,855 shares in the last quarter. Kensington Asset Management LLC acquired a new position in Vanguard Mega Cap Growth ETF in the second quarter worth approximately $95,863,000. Assetmark Inc. increased its holdings in shares of Vanguard Mega Cap Growth ETF by 2.9% in the second quarter. Assetmark Inc. now owns 7,944,594 shares of the company’s stock valued at $2,909,072,000 after buying an additional 227,615 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 6.0% during the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 3,737,341 shares of the company’s stock valued at $1,368,502,000 after acquiring an additional 211,907 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 1.1%

Shares of NYSEARCA MGK traded up $4.21 during mid-day trading on Friday, reaching $389.30. The company had a trading volume of 37,028 shares, compared to its average volume of 687,725. The company has a 50-day moving average price of $410.84 and a two-hundred day moving average price of $401.79. The stock has a market cap of $30.54 billion, a PE ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 1-year low of $262.65 and a 1-year high of $426.80.

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.