Veridan Wealth LLC Takes $2.31 Million Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Veridan Wealth LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,703 shares of the company’s stock, valued at approximately $2,311,000. Vanguard Mega Cap Growth ETF makes up approximately 1.1% of Veridan Wealth LLC’s portfolio, making the stock its 28th largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Captrust Financial Advisors grew its position in shares of Vanguard Mega Cap Growth ETF by 756.3% during the 3rd quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock valued at $513,465,000 after purchasing an additional 1,408,609 shares in the last quarter. World Investment Advisors LLC boosted its stake in Vanguard Mega Cap Growth ETF by 36,249.8% during the third quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock valued at $204,331,000 after buying an additional 632,921 shares during the period. Proficio Capital Partners LLC grew its position in Vanguard Mega Cap Growth ETF by 34,241.0% during the fourth quarter. Proficio Capital Partners LLC now owns 393,204 shares of the company’s stock worth $135,030,000 after buying an additional 392,059 shares in the last quarter. Assetmark Inc. increased its stake 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 worth $2,399,580,000 after acquiring an additional 271,905 shares during the last quarter. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at about $82,803,000.

Vanguard Mega Cap Growth ETF Trading Down 2.7 %

Shares of MGK opened at $332.44 on Friday. Vanguard Mega Cap Growth ETF has a 12-month low of $266.99 and a 12-month high of $358.64. The company has a market cap of $24.41 billion, a PE ratio of 41.72 and a beta of 1.13. The stock has a 50-day moving average price of $348.72 and a 200-day moving average price of $334.20.

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.