Towneley Capital Management Inc DE Takes Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Towneley Capital Management Inc DE acquired a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 658 shares of the company’s stock, valued at approximately $226,000.

A number of other institutional investors also recently bought and sold shares of MGK. Assetmark Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 3.8% during the 3rd quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock valued at $2,399,580,000 after buying an additional 271,905 shares during the period. Cassaday & Co Wealth Management LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 2.1% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 3,574,349 shares of the company’s stock worth $1,150,762,000 after purchasing an additional 74,966 shares during the period. Captrust Financial Advisors lifted its position in Vanguard Mega Cap Growth ETF by 756.3% in the third quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock valued at $513,465,000 after buying an additional 1,408,609 shares during the last quarter. World Investment Advisors LLC boosted its stake in Vanguard Mega Cap Growth ETF by 36,249.8% during the third quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock worth $204,331,000 after buying an additional 632,921 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in shares of Vanguard Mega Cap Growth ETF by 0.5% during the third quarter. PNC Financial Services Group Inc. now owns 566,062 shares of the company’s stock valued at $182,244,000 after acquiring an additional 2,623 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK stock opened at $352.33 on Tuesday. The firm’s 50 day moving average price is $349.09 and its 200-day moving average price is $329.83. Vanguard Mega Cap Growth ETF has a one year low of $266.99 and a one year high of $358.61. The firm has a market cap of $23.32 billion, a P/E ratio of 42.92 and a beta of 1.28.

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.