Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) is CX Institutional’s 4th Largest Position

CX Institutional increased its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 16.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 165,583 shares of the company’s stock after acquiring an additional 23,828 shares during the period. Vanguard Mega Cap Growth ETF comprises about 2.3% of CX Institutional’s portfolio, making the stock its 4th biggest position. CX Institutional’s holdings in Vanguard Mega Cap Growth ETF were worth $56,863,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. FMR LLC grew its stake in 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 acquiring an additional 2,704 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in shares of Vanguard Mega Cap Growth ETF by 14.5% in the third quarter. Oppenheimer & Co. Inc. now owns 1,202 shares of the company’s stock valued at $387,000 after purchasing an additional 152 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 23.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 66,015 shares of the company’s stock worth $21,254,000 after purchasing an additional 12,655 shares during the last quarter. Ameritas Advisory Services LLC lifted its stake in Vanguard Mega Cap Growth ETF by 131.7% in the 4th quarter. Ameritas Advisory Services LLC now owns 37,676 shares of the company’s stock valued at $12,938,000 after buying an additional 21,417 shares in the last quarter. Finally, Wedmont Private Capital grew its holdings in Vanguard Mega Cap Growth ETF by 8.6% during the 4th quarter. Wedmont Private Capital now owns 811 shares of the company’s stock valued at $276,000 after buying an additional 64 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Vanguard Mega Cap Growth ETF stock opened at $355.61 on Friday. Vanguard Mega Cap Growth ETF has a fifty-two week low of $265.99 and a fifty-two week high of $358.61. The stock has a fifty day moving average of $345.97 and a two-hundred day moving average of $327.06. The company has a market capitalization of $23.54 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28.

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.