KCM Investment Advisors LLC Takes $209,000 Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

KCM Investment Advisors LLC bought a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 609 shares of the company’s stock, valued at approximately $209,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at about $27,000. 1620 Investment Advisors Inc. bought a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $30,000. Mainstream Capital Management LLC bought a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $31,000. Copley Financial Group Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the third quarter valued at approximately $33,000. Finally, Riggs Asset Managment Co. Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $40,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of Vanguard Mega Cap Growth ETF stock opened at $277.82 on Monday. The business has a fifty day simple moving average of $332.04 and a two-hundred day simple moving average of $335.44. Vanguard Mega Cap Growth ETF has a 1 year low of $266.99 and a 1 year high of $358.64. The company has a market capitalization of $20.25 billion, a price-to-earnings ratio of 35.83 and a beta of 1.15.

Vanguard Mega Cap Growth ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a dividend of $0.3397 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is an increase from Vanguard Mega Cap Growth ETF’s previous dividend of $0.31.

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.