Capital Investment Advisors LLC Buys 737 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Capital Investment Advisors LLC raised its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 31.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,089 shares of the company’s stock after buying an additional 737 shares during the period. Capital Investment Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $994,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of MGK. PSI Advisors LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the second quarter valued at approximately $25,000. Rothschild Investment LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF during the second quarter worth approximately $31,000. Redmont Wealth Advisors LLC bought a new stake in Vanguard Mega Cap Growth ETF in the second quarter worth $35,000. New England Capital Financial Advisors LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 68.2% during the first quarter. New England Capital Financial Advisors LLC now owns 148 shares of the company’s stock valued at $42,000 after purchasing an additional 60 shares during the period. Finally, Pineridge Advisors LLC grew its holdings in Vanguard Mega Cap Growth ETF by 115.7% in the 1st quarter. Pineridge Advisors LLC now owns 151 shares of the company’s stock worth $43,000 after acquiring an additional 81 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 0.6 %

NYSEARCA:MGK opened at $327.76 on Monday. Vanguard Mega Cap Growth ETF has a twelve month low of $218.10 and a twelve month high of $330.36. The firm’s fifty day simple moving average is $315.77 and its 200 day simple moving average is $304.44. The stock has a market cap of $21.69 billion, a P/E ratio of 42.92 and a beta of 1.28.

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.