GeoWealth Management LLC Buys 39,024 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

GeoWealth Management LLC increased its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 266.3% during the 4th quarter, Holdings Channel reports. The fund owned 53,680 shares of the company’s stock after buying an additional 39,024 shares during the quarter. GeoWealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $18,434,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Concourse Financial Group Securities Inc. increased its position in shares of Vanguard Mega Cap Growth ETF by 29.7% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 3,542 shares of the company’s stock valued at $1,255,000 after buying an additional 811 shares in the last quarter. Cadence Bank bought a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at about $397,000. Alexis Investment Partners LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at approximately $458,000. Strategic Investment Solutions Inc. IL increased its stake in Vanguard Mega Cap Growth ETF by 83.1% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 1,291 shares of the company’s stock worth $443,000 after purchasing an additional 586 shares in the last quarter. Finally, MSH Capital Advisors LLC acquired a new stake in Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $230,000.

Vanguard Mega Cap Growth ETF Stock Up 0.1 %

Shares of MGK stock opened at $292.51 on Friday. The company has a market capitalization of $21.27 billion, a price-to-earnings ratio of 32.92 and a beta of 1.20. Vanguard Mega Cap Growth ETF has a 12-month low of $262.65 and a 12-month high of $358.64. The firm has a fifty day moving average of $319.66 and a 200-day moving average of $333.02.

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.