Vanguard Mega Cap Growth ETF $MGK Shares Purchased by Fifth Third Bancorp

Fifth Third Bancorp boosted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 75,906.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 226,498 shares of the company’s stock after buying an additional 226,200 shares during the quarter. Fifth Third Bancorp owned approximately 0.30% of Vanguard Mega Cap Growth ETF worth $83,225,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. AA Financial Advisors LLC purchased a new position in Vanguard Mega Cap Growth ETF in the 4th quarter valued at $694,000. Sollinda Capital Management LLC boosted its stake in Vanguard Mega Cap Growth ETF by 147.3% during the 4th quarter. Sollinda Capital Management LLC now owns 4,749 shares of the company’s stock worth $1,960,000 after purchasing an additional 2,829 shares during the last quarter. Asempa Wealth Advisors purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth $713,000. McClarren Financial Advisors Inc. grew its holdings in shares of Vanguard Mega Cap Growth ETF by 29.9% during the fourth quarter. McClarren Financial Advisors Inc. now owns 37,851 shares of the company’s stock worth $15,624,000 after buying an additional 8,720 shares in the last quarter. Finally, Sherman Wealth Management LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at about $13,421,000.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA:MGK opened at $89.06 on Monday. The company’s 50-day moving average price is $87.97 and its 200-day moving average price is $82.35. The company has a market cap of $33.50 billion, a P/E ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a twelve month low of $70.32 and a twelve month high of $92.38.

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.