Creative Financial Designs Inc. ADV Purchases 815 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Creative Financial Designs Inc. ADV grew its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 10.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,983 shares of the company’s stock after purchasing an additional 815 shares during the period. Creative Financial Designs Inc. ADV’s holdings in Vanguard Mega Cap Growth ETF were worth $2,892,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. PSI Advisors LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $25,000. Rothschild Investment LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at $31,000. Redmont Wealth Advisors LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at $35,000. New England Capital Financial Advisors LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 68.2% during the 1st quarter. New England Capital Financial Advisors LLC now owns 148 shares of the company’s stock worth $42,000 after buying an additional 60 shares in the last quarter. Finally, Pineridge Advisors LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 115.7% during the 1st quarter. Pineridge Advisors LLC now owns 151 shares of the company’s stock worth $43,000 after buying an additional 81 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

MGK stock traded up $2.78 during trading on Friday, reaching $322.69. 27,431 shares of the company were exchanged, compared to its average volume of 339,814. The company has a market capitalization of $21.36 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The company has a 50-day moving average of $318.63 and a two-hundred day moving average of $306.89. Vanguard Mega Cap Growth ETF has a twelve month low of $230.64 and a twelve month high of $332.63.

About Vanguard Mega Cap Growth ETF

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.