Pillar Financial Advisors LLC Acquires New Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Pillar Financial Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 9,880 shares of the company’s stock, valued at approximately $3,393,000. Vanguard Mega Cap Growth ETF comprises approximately 2.6% of Pillar Financial Advisors LLC’s investment portfolio, making the stock its 11th largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MGK. Bank of Jackson Hole Trust acquired a new position in Vanguard Mega Cap Growth ETF during the fourth quarter valued at approximately $27,000. Mainstream Capital Management LLC acquired a new position in Vanguard Mega Cap Growth ETF during the fourth quarter valued at approximately $31,000. Peterson Financial Group Inc. acquired a new position in Vanguard Mega Cap Growth ETF during the third quarter valued at approximately $33,000. Copley Financial Group Inc. acquired a new position in Vanguard Mega Cap Growth ETF during the third quarter valued at approximately $33,000. Finally, Riggs Asset Managment Co. Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter worth $40,000.

Vanguard Mega Cap Growth ETF Trading Up 0.1 %

Shares of Vanguard Mega Cap Growth ETF stock opened at $323.81 on Friday. The company’s fifty day simple moving average is $346.38 and its 200-day simple moving average is $335.03. The company has a market cap of $23.78 billion, a price-to-earnings ratio of 41.72 and a beta of 1.13. Vanguard Mega Cap Growth ETF has a 1 year low of $266.99 and a 1 year high of $358.64.

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.