Falcon Wealth Planning Purchases 7,928 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Falcon Wealth Planning raised its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 4.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 175,886 shares of the company’s stock after buying an additional 7,928 shares during the period. Vanguard Mega Cap Growth ETF comprises 6.7% of Falcon Wealth Planning’s portfolio, making the stock its 2nd biggest position. Falcon Wealth Planning owned about 0.27% of Vanguard Mega Cap Growth ETF worth $60,401,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of MGK. Gateway Wealth Partners LLC increased its position in Vanguard Mega Cap Growth ETF by 0.9% in the 3rd quarter. Gateway Wealth Partners LLC now owns 3,361 shares of the company’s stock valued at $1,082,000 after acquiring an additional 31 shares in the last quarter. Strategic Blueprint LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 2.2% during the third quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock valued at $622,000 after purchasing an additional 42 shares during the last quarter. First Financial Bankshares Inc increased its holdings in shares of Vanguard Mega Cap Growth ETF by 6.0% in the third quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock valued at $250,000 after purchasing an additional 44 shares in the last quarter. Geneos Wealth Management Inc. raised its position in Vanguard Mega Cap Growth ETF by 5.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 917 shares of the company’s stock worth $315,000 after purchasing an additional 46 shares during the last quarter. Finally, Trilogy Capital Inc. lifted its holdings in Vanguard Mega Cap Growth ETF by 7.4% during the 3rd quarter. Trilogy Capital Inc. now owns 730 shares of the company’s stock worth $235,000 after buying an additional 50 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA MGK opened at $351.94 on Wednesday. The stock has a market capitalization of $23.29 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52 week low of $265.99 and a 52 week high of $358.61. The stock has a fifty day moving average of $346.97 and a 200-day moving average of $327.57.

Vanguard Mega Cap Growth ETF Company 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.