Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Stake Increased by Capital Planning LLC

Capital Planning LLC increased its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 36,032 shares of the company’s stock after buying an additional 465 shares during the period. Vanguard Mega Cap Growth ETF accounts for 3.2% of Capital Planning LLC’s portfolio, making the stock its 8th largest position. Capital Planning LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $12,374,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Gateway Wealth Partners LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 0.9% in the 3rd quarter. Gateway Wealth Partners LLC now owns 3,361 shares of the company’s stock valued at $1,082,000 after acquiring an additional 31 shares in the last quarter. Strategic Blueprint LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 2.2% in the 3rd quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock valued at $622,000 after acquiring an additional 42 shares in the last quarter. First Financial Bankshares Inc raised its holdings in shares of Vanguard Mega Cap Growth ETF by 6.0% in the 3rd quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock valued at $250,000 after acquiring an additional 44 shares in the last quarter. Trilogy Capital Inc. raised its holdings in shares of Vanguard Mega Cap Growth ETF by 7.4% in the 3rd quarter. Trilogy Capital Inc. now owns 730 shares of the company’s stock valued at $235,000 after acquiring an additional 50 shares in the last quarter. Finally, AdvisorNet Financial Inc raised its holdings in shares of Vanguard Mega Cap Growth ETF by 4.8% during the 4th quarter. AdvisorNet Financial Inc now owns 1,198 shares of the company’s stock valued at $412,000 after buying an additional 55 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.8 %

Shares of NYSEARCA MGK opened at $342.18 on Friday. The stock has a market cap of $22.65 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 1-year low of $257.42 and a 1-year high of $358.61. The stock’s 50-day moving average is $344.91 and its 200 day moving average is $326.05.

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.