Silverlake Wealth Management LLC Boosts Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Silverlake Wealth Management LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 44.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,124 shares of the company’s stock after buying an additional 1,572 shares during the quarter. Silverlake Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,650,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in MGK. Able Wealth Management LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at about $60,000. GLOBALT Investments LLC GA acquired a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth $3,893,000. WNY Asset Management LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 2.7% in the fourth quarter. WNY Asset Management LLC now owns 23,448 shares of the company’s stock valued at $6,085,000 after purchasing an additional 627 shares during the period. Scarborough Advisors LLC acquired a new stake in Vanguard Mega Cap Growth ETF during the 4th quarter valued at $32,000. Finally, Richardson Financial Services Inc. purchased a new stake in Vanguard Mega Cap Growth ETF during the 4th quarter worth $396,000.

Vanguard Mega Cap Growth ETF Trading Up 0.1 %

MGK stock traded up $0.24 during trading on Friday, reaching $325.04. The stock had a trading volume of 213,612 shares, compared to its average volume of 346,778. The firm has a fifty day moving average price of $312.19 and a 200 day moving average price of $302.93. Vanguard Mega Cap Growth ETF has a 1-year low of $218.10 and a 1-year high of $330.36. The company has a market capitalization of $21.51 billion, a P/E 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.