CIBC Private Wealth Group LLC Has $3.29 Million Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Posted by Bob Marten on Apr 3rd, 2025

CIBC Private Wealth Group LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK – Free Report) by 18.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,510 shares of the company’s stock after purchasing an additional 1,512 shares during the period. CIBC Private Wealth Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $3,287,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Bank of Jackson Hole Trust bought a new position in Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $27,000. 1620 Investment Advisors Inc. acquired a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at $30,000. Mainstream Capital Management LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth $31,000. Copley Financial Group Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the third quarter worth $33,000. Finally, Riggs Asset Managment Co. Inc. bought a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter valued at about $40,000.

Vanguard Mega Cap Growth ETF Trading Up 0.8 %

Shares of MGK opened at $313.91 on Thursday. The stock has a market cap of $22.88 billion, a P/E ratio of 35.83 and a beta of 1.15. The stock’s 50-day moving average price is $334.76 and its two-hundred day moving average price is $335.66. Vanguard Mega Cap Growth ETF has a 1 year low of $266.99 and a 1 year high of $358.64.

Vanguard Mega Cap Growth ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a dividend of $0.3397 per share. The ex-dividend date was Thursday, March 27th. This is a boost from Vanguard Mega Cap Growth ETF’s previous dividend of $0.31.

Vanguard Mega Cap Growth ETF Profile

(Free Report)

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.