Welch Group LLC Raises Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Welch Group LLC boosted its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 6.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 797 shares of the company’s stock after acquiring an additional 50 shares during the quarter. Welch Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $276,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. AQR Capital Management LLC purchased a new position in Vanguard Mega Cap Growth ETF in the second quarter worth about $361,000. Massmutual Trust Co. FSB ADV bought a new position in Vanguard Mega Cap Growth ETF in the 3rd quarter valued at approximately $48,000. Park Avenue Securities LLC boosted its stake in Vanguard Mega Cap Growth ETF by 30.0% during the 3rd quarter. Park Avenue Securities LLC now owns 1,575 shares of the company’s stock valued at $507,000 after purchasing an additional 363 shares during the last quarter. FC Advisory LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 0.3% in the 3rd quarter. FC Advisory LLC now owns 104,194 shares of the company’s stock worth $33,545,000 after purchasing an additional 329 shares in the last quarter. Finally, Brookstone Capital Management increased its holdings in shares of Vanguard Mega Cap Growth ETF by 9.9% in the 3rd quarter. Brookstone Capital Management now owns 11,368 shares of the company’s stock worth $3,660,000 after purchasing an additional 1,024 shares in the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA:MGK opened at $344.76 on Tuesday. Vanguard Mega Cap Growth ETF has a 1 year low of $266.99 and a 1 year high of $358.61. The company has a market cap of $22.82 billion, a P/E ratio of 42.92 and a beta of 1.28. The stock’s fifty day moving average price is $347.95 and its 200-day moving average price is $328.37.

About Vanguard Mega Cap Growth ETF

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.