Flagship Private Wealth LLC Purchases 365 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Flagship Private Wealth LLC lifted its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 12,125 shares of the company’s stock after purchasing an additional 365 shares during the quarter. Vanguard Mega Cap Growth ETF makes up 2.0% of Flagship Private Wealth LLC’s holdings, making the stock its 14th biggest holding. Flagship Private Wealth LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $4,164,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Rockwood Wealth Management LLC bought a new stake in Vanguard Mega Cap Growth ETF in the 4th quarter worth approximately $215,000. B.O.S.S. Retirement Advisors LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth approximately $409,000. Geneos Wealth Management Inc. boosted its stake in shares of Vanguard Mega Cap Growth ETF by 5.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 917 shares of the company’s stock valued at $315,000 after purchasing an additional 46 shares in the last quarter. Accel Wealth Management bought a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at $201,000. Finally, Carr Financial Group Corp raised its position in Vanguard Mega Cap Growth ETF by 31.9% in the 4th quarter. Carr Financial Group Corp now owns 5,510 shares of the company’s stock worth $1,892,000 after purchasing an additional 1,333 shares during the period.

Vanguard Mega Cap Growth ETF Stock Down 0.6 %

NYSEARCA MGK opened at $353.62 on Friday. The company has a 50-day simple moving average of $346.42 and a two-hundred day simple moving average of $327.25. Vanguard Mega Cap Growth ETF has a 12-month low of $265.99 and a 12-month high of $358.61. The firm has a market cap of $23.41 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28.

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.