Magnolia Capital Advisors LLC Takes $306,000 Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Magnolia Capital Advisors LLC acquired a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 973 shares of the company’s stock, valued at approximately $306,000.

Other large investors also recently modified their holdings of the company. PSI Advisors LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter worth approximately $25,000. YHB Investment Advisors Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF in the 1st quarter worth $29,000. Global Wealth Strategies & Associates bought a new position in shares of Vanguard Mega Cap Growth ETF in the 1st quarter worth $30,000. Rothschild Investment LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter worth $31,000. Finally, Scarborough Advisors LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth $32,000.

Vanguard Mega Cap Growth ETF Stock Up 0.5 %

NYSEARCA:MGK opened at $321.95 on Tuesday. Vanguard Mega Cap Growth ETF has a 12-month low of $218.10 and a 12-month high of $330.36. The firm has a market capitalization of $21.31 billion, a P/E ratio of 42.92 and a beta of 1.28. The stock’s fifty day simple moving average is $309.02 and its 200-day simple moving average is $301.00.

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.