Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) is Blackston Financial Advisory Group LLC’s 2nd Largest Position

Blackston Financial Advisory Group LLC increased its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 8.1% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 52,685 shares of the company’s stock after purchasing an additional 3,936 shares during the period. Vanguard Mega Cap Growth ETF accounts for 9.0% of Blackston Financial Advisory Group LLC’s investment portfolio, making the stock its 2nd largest position. Blackston Financial Advisory Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $18,092,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in the stock. Captrust Financial Advisors boosted its position in shares of Vanguard Mega Cap Growth ETF by 756.3% in the third quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock valued at $513,465,000 after acquiring an additional 1,408,609 shares during the period. World Investment Advisors LLC lifted its stake in Vanguard Mega Cap Growth ETF by 36,249.8% in the 3rd quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock worth $204,331,000 after purchasing an additional 632,921 shares in the last quarter. Assetmark Inc. boosted its holdings in Vanguard Mega Cap Growth ETF by 3.8% in the 3rd quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock valued at $2,399,580,000 after purchasing an additional 271,905 shares during the period. Strategic Financial Concepts LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the fourth quarter worth $82,803,000. Finally, International Assets Investment Management LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 32,115.7% in the third quarter. International Assets Investment Management LLC now owns 129,185 shares of the company’s stock worth $41,591,000 after buying an additional 128,784 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA:MGK opened at $347.93 on Friday. Vanguard Mega Cap Growth ETF has a 52-week low of $266.99 and a 52-week high of $358.64. The stock has a fifty day moving average of $349.67 and a 200 day moving average of $332.87. The firm has a market capitalization of $25.55 billion, a price-to-earnings ratio of 41.72 and a beta of 1.13.

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.