Quantum Capital Management LLC NJ Buys 126 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Quantum Capital Management LLC NJ grew its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,291 shares of the company’s stock after purchasing an additional 126 shares during the quarter. Vanguard Mega Cap Growth ETF comprises about 0.5% of Quantum Capital Management LLC NJ’s holdings, making the stock its 21st biggest holding. Quantum Capital Management LLC NJ’s holdings in Vanguard Mega Cap Growth ETF were worth $4,564,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of MGK. FMR LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 12.7% in the 3rd quarter. FMR LLC now owns 23,961 shares of the company’s stock valued at $7,714,000 after purchasing an additional 2,704 shares during the period. Integrated Wealth Concepts LLC lifted its position in Vanguard Mega Cap Growth ETF by 33.4% during the third quarter. Integrated Wealth Concepts LLC now owns 7,043 shares of the company’s stock valued at $2,268,000 after buying an additional 1,762 shares during the period. IHT Wealth Management LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 41.4% during the 3rd quarter. IHT Wealth Management LLC now owns 9,238 shares of the company’s stock valued at $2,961,000 after buying an additional 2,707 shares in the last quarter. Resurgent Financial Advisors LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 14.4% in the 3rd quarter. Resurgent Financial Advisors LLC now owns 733 shares of the company’s stock worth $236,000 after buying an additional 92 shares during the period. Finally, Stifel Financial Corp increased its stake in shares of Vanguard Mega Cap Growth ETF by 8.5% in the 3rd quarter. Stifel Financial Corp now owns 193,618 shares of the company’s stock worth $62,340,000 after acquiring an additional 15,201 shares in the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA MGK opened at $295.56 on Friday. The stock has a market cap of $21.54 billion, a P/E ratio of 35.83 and a beta of 1.15. Vanguard Mega Cap Growth ETF has a 1 year low of $266.99 and a 1 year high of $358.64. The firm has a 50-day moving average of $333.56 and a 200 day moving average of $335.38.

Vanguard Mega Cap Growth ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a $0.3397 dividend. This is a boost from Vanguard Mega Cap Growth ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Thursday, March 27th.

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.