Merit Financial Group LLC Boosts Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Merit Financial Group LLC boosted its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGKFree Report) by 31.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 126,973 shares of the company’s stock after purchasing an additional 30,709 shares during the quarter. Vanguard Mega Cap Growth ETF makes up 1.0% of Merit Financial Group LLC’s portfolio, making the stock its 20th biggest holding. Merit Financial Group LLC owned 0.21% of Vanguard Mega Cap Growth ETF worth $32,951,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Authentikos Wealth Advisory LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the third quarter valued at $27,000. AdvisorNet Financial Inc purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at $30,000. Criterion Capital Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at $37,000. Winch Advisory Services LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 100.0% in the fourth quarter. Winch Advisory Services LLC now owns 166 shares of the company’s stock valued at $43,000 after acquiring an additional 83 shares in the last quarter. Finally, Chilton Capital Management LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at $50,000.

Vanguard Mega Cap Growth ETF Trading Up 2.0 %

Shares of NYSEARCA:MGK traded up $5.49 on Friday, hitting $281.56. The company had a trading volume of 324,066 shares, compared to its average volume of 338,297. Vanguard Mega Cap Growth ETF has a 52-week low of $203.58 and a 52-week high of $291.40. The business has a 50 day moving average of $282.30 and a 200 day moving average of $264.53. The company has a market cap of $18.72 billion, a PE ratio of 40.90 and a beta of 1.26.

Vanguard Mega Cap Growth ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

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