Hansen & Associates Financial Group Inc. Takes $1.26 Million Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Hansen & Associates Financial Group Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,551 shares of the company’s stock, valued at approximately $1,255,000. Vanguard Mega Cap Growth ETF comprises about 0.7% of Hansen & Associates Financial Group Inc.’s portfolio, making the stock its 11th largest position.

A number of other large investors have also modified their holdings of MGK. Kingswood Wealth Advisors LLC boosted its position in Vanguard Mega Cap Growth ETF by 6.3% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 1,700 shares of the company’s stock worth $441,000 after acquiring an additional 100 shares during the period. Activest Wealth Management grew its position in Vanguard Mega Cap Growth ETF by 500.0% in the 4th quarter. Activest Wealth Management now owns 240 shares of the company’s stock valued at $62,000 after buying an additional 200 shares in the last quarter. PFG Advisors increased its stake in Vanguard Mega Cap Growth ETF by 17.7% during the 4th quarter. PFG Advisors now owns 1,065 shares of the company’s stock valued at $276,000 after buying an additional 160 shares during the period. Perigon Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth about $201,000. Finally, AdvisorNet Financial Inc acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth approximately $30,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of Vanguard Mega Cap Growth ETF stock traded up $0.38 on Friday, hitting $292.55. The company had a trading volume of 248,332 shares, compared to its average volume of 318,237. Vanguard Mega Cap Growth ETF has a 52 week low of $218.10 and a 52 week high of $298.29. The company has a market cap of $19.36 billion, a PE ratio of 42.92 and a beta of 1.28. The business has a 50-day simple moving average of $284.72 and a 200-day simple moving average of $273.55.

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.