Diversify Wealth Management LLC Buys Shares of 17,341 Vanguard Mega Cap Growth ETF $MGK

Diversify Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 17,341 shares of the company’s stock, valued at approximately $6,372,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ancora Advisors LLC increased its holdings in Vanguard Mega Cap Growth ETF by 88.6% during the 3rd quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after acquiring an additional 31 shares in the last quarter. Aventura Private Wealth LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at about $28,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at about $32,000. Costello Asset Management INC grew its position in shares of Vanguard Mega Cap Growth ETF by 116.3% in the fourth quarter. Costello Asset Management INC now owns 93 shares of the company’s stock valued at $39,000 after purchasing an additional 50 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. grew its position in shares of Vanguard Mega Cap Growth ETF by 350.0% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 99 shares of the company’s stock valued at $41,000 after purchasing an additional 77 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK opened at $89.06 on Monday. The firm has a 50 day simple moving average of $87.97 and a 200-day simple moving average of $82.35. Vanguard Mega Cap Growth ETF has a 1-year low of $70.32 and a 1-year high of $92.38. The stock has a market cap of $33.50 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24.

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.