D.A. Davidson & CO. Purchases 3,066 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

D.A. Davidson & CO. increased its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 4.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 70,865 shares of the company’s stock after buying an additional 3,066 shares during the period. D.A. Davidson & CO.’s holdings in Vanguard Mega Cap Growth ETF were worth $22,815,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. PSI Advisors LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter worth about $25,000. Rothschild Investment LLC acquired a new stake in Vanguard Mega Cap Growth ETF during the second quarter worth approximately $31,000. Peterson Financial Group Inc. bought a new stake in Vanguard Mega Cap Growth ETF in the third quarter worth approximately $33,000. Redmont Wealth Advisors LLC acquired a new position in Vanguard Mega Cap Growth ETF in the second quarter valued at approximately $35,000. Finally, Pineridge Advisors LLC boosted its holdings 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 in the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 0.0 %

Shares of MGK stock opened at $335.91 on Tuesday. The firm has a 50 day moving average of $326.94 and a 200-day moving average of $314.21. The company has a market cap of $22.23 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52 week low of $246.18 and a 52 week high of $342.22.

Vanguard Mega Cap Growth ETF Company 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.