Silver Oak Securities Incorporated Increases Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Silver Oak Securities Incorporated grew its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 32.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 18,667 shares of the company’s stock after buying an additional 4,596 shares during the period. Silver Oak Securities Incorporated’s holdings in Vanguard Mega Cap Growth ETF were worth $6,472,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Peterson Financial Group Inc. bought a new position in Vanguard Mega Cap Growth ETF in the 3rd quarter valued at approximately $33,000. Copley Financial Group Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF in the third quarter worth $33,000. Riggs Asset Managment Co. Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at $40,000. Bfsg LLC boosted its position in shares of Vanguard Mega Cap Growth ETF by 386.7% during the third quarter. Bfsg LLC now owns 146 shares of the company’s stock valued at $47,000 after buying an additional 116 shares during the last quarter. Finally, Valley National Advisers Inc. bought a new stake in Vanguard Mega Cap Growth ETF in the 3rd quarter worth about $55,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA:MGK opened at $350.13 on Thursday. The firm has a market cap of $23.18 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The business has a 50-day simple moving average of $348.41 and a two-hundred day simple moving average of $328.79. Vanguard Mega Cap Growth ETF has a fifty-two week low of $266.99 and a fifty-two week high of $358.61.

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.