Financial Advocates Investment Management Buys 1,133 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Financial Advocates Investment Management increased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 24.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,825 shares of the company’s stock after purchasing an additional 1,133 shares during the quarter. Financial Advocates Investment Management’s holdings in Vanguard Mega Cap Growth ETF were worth $2,000,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter worth $361,000. Park Avenue Securities LLC lifted its stake in Vanguard Mega Cap Growth ETF by 30.0% in the third quarter. Park Avenue Securities LLC now owns 1,575 shares of the company’s stock worth $507,000 after acquiring an additional 363 shares during the period. Brookstone Capital Management grew its holdings in Vanguard Mega Cap Growth ETF by 9.9% during the 3rd quarter. Brookstone Capital Management now owns 11,368 shares of the company’s stock worth $3,660,000 after acquiring an additional 1,024 shares in the last quarter. Clarus Wealth Advisors increased its position in Vanguard Mega Cap Growth ETF by 3.4% during the 3rd quarter. Clarus Wealth Advisors now owns 45,352 shares of the company’s stock valued at $14,384,000 after purchasing an additional 1,478 shares during the period. Finally, Pinnacle Bancorp Inc. raised its holdings in shares of Vanguard Mega Cap Growth ETF by 65.2% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 10,482 shares of the company’s stock valued at $3,375,000 after purchasing an additional 4,136 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $353.00 on Friday. The company has a 50 day moving average price of $348.73 and a 200-day moving average price of $328.96. Vanguard Mega Cap Growth ETF has a fifty-two week low of $266.99 and a fifty-two week high of $358.61. The stock has a market capitalization of $23.37 billion, a PE ratio of 42.92 and a beta of 1.28.

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.