RFP Financial Group LLC Grows Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

RFP Financial Group LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 592.1% during the third quarter, Holdings Channel reports. The fund owned 119,122 shares of the company’s stock after acquiring an additional 101,910 shares during the period. Vanguard Mega Cap Growth ETF makes up approximately 12.5% of RFP Financial Group LLC’s holdings, making the stock its 2nd biggest holding. RFP Financial Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $38,351,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC boosted its stake in Vanguard Mega Cap Growth ETF by 7.7% during the 2nd quarter. LPL Financial LLC now owns 960,362 shares of the company’s stock worth $301,755,000 after acquiring an additional 68,840 shares during the last quarter. Angeles Investment Advisors LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 105.4% in the 2nd quarter. Angeles Investment Advisors LLC now owns 887,190 shares of the company’s stock valued at $278,764,000 after purchasing an additional 455,250 shares during the period. Angeles Wealth Management LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 8.1% during the 2nd quarter. Angeles Wealth Management LLC now owns 454,071 shares of the company’s stock worth $142,674,000 after buying an additional 33,981 shares during the last quarter. Comerica Bank raised its stake in Vanguard Mega Cap Growth ETF by 325.4% in the 2nd quarter. Comerica Bank now owns 359,241 shares of the company’s stock worth $112,877,000 after purchasing an additional 274,801 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC raised its position in Vanguard Mega Cap Growth ETF by 4,572.4% during the second quarter. Prime Capital Investment Advisors LLC now owns 295,760 shares of the company’s stock valued at $92,931,000 after purchasing an additional 289,430 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA:MGK traded down $0.47 during midday trading on Tuesday, hitting $329.08. 70,121 shares of the stock were exchanged, compared to its average volume of 343,280. Vanguard Mega Cap Growth ETF has a 12 month low of $218.10 and a 12 month high of $330.36. The stock has a market capitalization of $21.78 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The business’s 50-day moving average price is $316.40 and its 200 day moving average price is $304.91.

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.