AA Financial Advisors LLC Takes $694,000 Position in Vanguard Mega Cap Growth ETF $MGK

AA Financial Advisors LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 1,681 shares of the company’s stock, valued at approximately $694,000.

Several other institutional investors and hedge funds also recently made changes to their positions in MGK. Praetorian Wealth Management Inc. raised its holdings in Vanguard Mega Cap Growth ETF by 0.8% in the 4th quarter. Praetorian Wealth Management Inc. now owns 159,348 shares of the company’s stock valued at $65,774,000 after buying an additional 1,208 shares during the last quarter. Beacon Investment Advisory Services Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $341,000. Sicart Associates LLC grew its holdings in Vanguard Mega Cap Growth ETF by 0.3% during the 4th quarter. Sicart Associates LLC now owns 14,871 shares of the company’s stock worth $6,138,000 after acquiring an additional 50 shares during the last quarter. Spire Wealth Management increased its position in Vanguard Mega Cap Growth ETF by 65.5% in the 4th quarter. Spire Wealth Management now owns 11,184 shares of the company’s stock valued at $4,616,000 after acquiring an additional 4,428 shares during the period. Finally, Eastern Bank increased its position in Vanguard Mega Cap Growth ETF by 1,940.7% in the 4th quarter. Eastern Bank now owns 551 shares of the company’s stock valued at $227,000 after acquiring an additional 524 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

MGK stock opened at $355.33 on Monday. The company has a market capitalization of $27.87 billion, a P/E ratio of 37.33 and a beta of 1.18. The company has a fifty day moving average price of $389.91 and a 200-day moving average price of $402.44. Vanguard Mega Cap Growth ETF has a 52-week low of $262.65 and a 52-week high of $426.80.

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.