Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares to Split on Tuesday, April 21st

Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) are set to split before the market opens on Tuesday, April 21st. The 5-1 split was announced on Thursday, March 26th. The newly created shares will be issued to shareholders after the closing bell on Monday, April 20th.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA:MGK opened at $371.84 on Friday. The business has a 50 day moving average of $386.24 and a 200 day moving average of $401.39. The company has a market capitalization of $28.03 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 1-year low of $262.65 and a 1-year high of $426.80.

Institutional Investors Weigh In On Vanguard Mega Cap Growth ETF

A number of hedge funds have recently made changes to their positions in the business. Capstone Wealth Management Group LLC grew its position in Vanguard Mega Cap Growth ETF by 10.7% during the 3rd quarter. Capstone Wealth Management Group LLC now owns 31,093 shares of the company’s stock worth $12,512,000 after acquiring an additional 3,001 shares during the last quarter. First Horizon Corp bought a new stake in Vanguard Mega Cap Growth ETF in the third quarter valued at approximately $1,351,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in Vanguard Mega Cap Growth ETF by 17.6% in the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 48,651 shares of the company’s stock valued at $19,578,000 after purchasing an additional 7,270 shares during the last quarter. Beaumont Asset Management L.L.C. boosted its stake in shares of Vanguard Mega Cap Growth ETF by 271.2% during the third quarter. Beaumont Asset Management L.L.C. now owns 6,233 shares of the company’s stock valued at $2,508,000 after purchasing an additional 4,554 shares during the period. Finally, Arete Wealth Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the third quarter valued at approximately $551,000.

Vanguard Mega Cap Growth ETF Company 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.