Lane & Associates LLC Increases Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Lane & Associates LLC grew its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 51.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,845 shares of the company’s stock after purchasing an additional 624 shares during the quarter. Lane & Associates LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $642,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Pittenger & Anderson Inc. raised its position in Vanguard Mega Cap Growth ETF by 25.0% in the 4th quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock valued at $52,000 after purchasing an additional 30 shares during the last quarter. Gateway Wealth Partners LLC increased its stake in Vanguard Mega Cap Growth ETF by 0.9% in the third quarter. Gateway Wealth Partners LLC now owns 3,361 shares of the company’s stock valued at $1,082,000 after purchasing an additional 31 shares during the period. U.S. Capital Wealth Advisors LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 1.7% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 1,941 shares of the company’s stock valued at $667,000 after buying an additional 33 shares during the last quarter. Strategic Blueprint LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 2.2% during the third quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock worth $622,000 after buying an additional 42 shares during the period. Finally, First Financial Bankshares Inc grew its holdings in shares of Vanguard Mega Cap Growth ETF by 6.0% during the third quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock worth $250,000 after buying an additional 44 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.5 %

Shares of MGK stock opened at $355.78 on Friday. The stock’s 50-day moving average price is $349.79 and its 200 day moving average price is $332.44. The stock has a market capitalization of $26.13 billion, a PE ratio of 41.72 and a beta of 1.13. Vanguard Mega Cap Growth ETF has a 52-week low of $266.99 and a 52-week high of $358.64.

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.