Money Concepts Capital Corp Acquires 1,132 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Money Concepts Capital Corp increased its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 22.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,068 shares of the company’s stock after buying an additional 1,132 shares during the quarter. Money Concepts Capital Corp’s holdings in Vanguard Mega Cap Growth ETF were worth $2,084,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MGK. AQR Capital Management LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter worth approximately $361,000. Park Avenue Securities LLC raised its stake in Vanguard Mega Cap Growth ETF by 30.0% during the third quarter. Park Avenue Securities LLC now owns 1,575 shares of the company’s stock worth $507,000 after acquiring an additional 363 shares in the last quarter. Brookstone Capital Management lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 9.9% during the third quarter. Brookstone Capital Management now owns 11,368 shares of the company’s stock valued at $3,660,000 after acquiring an additional 1,024 shares during the period. Gratus Wealth Advisors LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 1.0% in the 3rd quarter. Gratus Wealth Advisors LLC now owns 172,431 shares of the company’s stock valued at $54,688,000 after purchasing an additional 1,765 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its holdings in shares of Vanguard Mega Cap Growth ETF by 3.3% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 12,314 shares of the company’s stock worth $3,965,000 after purchasing an additional 397 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 0.2 %

Shares of Vanguard Mega Cap Growth ETF stock opened at $350.13 on Thursday. Vanguard Mega Cap Growth ETF has a 12-month low of $266.99 and a 12-month high of $358.61. The stock has a market capitalization of $23.18 billion, a P/E ratio of 42.92 and a beta of 1.28. The company has a 50-day simple moving average of $348.41 and a 200 day simple moving average of $328.79.

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.