Royal Fund Management LLC Buys 23,289 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Royal Fund Management LLC boosted its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 95.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 47,666 shares of the company’s stock after purchasing an additional 23,289 shares during the quarter. Vanguard Mega Cap Growth ETF comprises about 0.9% of Royal Fund Management LLC’s portfolio, making the stock its 19th biggest position. Royal Fund Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $15,434,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. PSI Advisors LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at about $25,000. YHB Investment Advisors Inc. purchased a new position in Vanguard Mega Cap Growth ETF during the first quarter valued at approximately $29,000. Global Wealth Strategies & Associates bought a new position in Vanguard Mega Cap Growth ETF in the first quarter worth approximately $30,000. Rothschild Investment LLC purchased a new stake in Vanguard Mega Cap Growth ETF during the second quarter worth $31,000. Finally, Scarborough Advisors LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at $32,000.

Vanguard Mega Cap Growth ETF Trading Down 0.2 %

Shares of MGK traded down $0.60 during trading hours on Wednesday, hitting $322.22. The company had a trading volume of 28,818 shares, compared to its average volume of 347,188. The company has a market capitalization of $21.33 billion, a PE ratio of 42.92 and a beta of 1.28. The company’s fifty day moving average price is $310.80 and its two-hundred day moving average price is $302.36. Vanguard Mega Cap Growth ETF has a one year low of $218.10 and a one year high of $330.36.

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.