Zhang Financial LLC Has $2.99 Million Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Zhang Financial LLC lifted its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 9.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,512 shares of the company’s stock after acquiring an additional 982 shares during the period. Zhang Financial LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $2,988,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Wheelhouse Advisory Group LLC bought a new stake in Vanguard Mega Cap Growth ETF in the 4th quarter valued at about $9,707,000. Colton Groome Financial Advisors LLC bought a new stake in Vanguard Mega Cap Growth ETF in the 4th quarter valued at about $459,000. Gray Wealth Management Inc. increased its position in Vanguard Mega Cap Growth ETF by 1.1% in the 4th quarter. Gray Wealth Management Inc. now owns 4,804 shares of the company’s stock valued at $1,247,000 after buying an additional 51 shares in the last quarter. LifePlan Financial LLC bought a new stake in Vanguard Mega Cap Growth ETF in the 4th quarter valued at about $1,534,000. Finally, Waldron Private Wealth LLC increased its position in Vanguard Mega Cap Growth ETF by 9.4% in the 4th quarter. Waldron Private Wealth LLC now owns 1,094 shares of the company’s stock valued at $283,000 after buying an additional 94 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 1.9 %

Vanguard Mega Cap Growth ETF stock traded down $5.09 during midday trading on Friday, reaching $269.41. The stock had a trading volume of 309,024 shares, compared to its average volume of 335,614. Vanguard Mega Cap Growth ETF has a 12 month low of $199.81 and a 12 month high of $291.40. The company has a market capitalization of $17.91 billion, a P/E ratio of 42.52 and a beta of 1.11. The company has a fifty day moving average price of $283.45 and a two-hundred day moving average price of $261.57.

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.