Vanguard Mega Cap Growth ETF $MGK Shares Acquired by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC boosted its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 9.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,652 shares of the company’s stock after acquiring an additional 3,046 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $14,749,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in MGK. Dogwood Wealth Management LLC acquired a new stake in Vanguard Mega Cap Growth ETF during the second quarter worth about $27,000. Harbor Asset Planning Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter worth about $28,000. Atlantic Union Bankshares Corp acquired a new stake in Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $30,000. Dynamic Wealth Strategies LLC acquired a new stake in Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $44,000. Finally, Smartleaf Asset Management LLC raised its holdings in Vanguard Mega Cap Growth ETF by 463.6% in the second quarter. Smartleaf Asset Management LLC now owns 124 shares of the company’s stock valued at $45,000 after buying an additional 102 shares during the period.

Vanguard Mega Cap Growth ETF Stock Down 0.5%

Shares of MGK stock opened at $410.86 on Monday. Vanguard Mega Cap Growth ETF has a fifty-two week low of $262.65 and a fifty-two week high of $426.80. The firm’s 50 day moving average price is $413.17 and its two-hundred day moving average price is $395.17. The stock has a market cap of $32.29 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18.

Vanguard Mega Cap Growth ETF 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.