Encompass Wealth Advisors LLC Acquires 81 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Encompass Wealth Advisors LLC increased its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,781 shares of the company’s stock after purchasing an additional 81 shares during the quarter. Vanguard Mega Cap Growth ETF makes up approximately 0.9% of Encompass Wealth Advisors LLC’s investment portfolio, making the stock its 25th biggest position. Encompass Wealth Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $3,471,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of MGK. Gateway Wealth Partners LLC raised its stake in Vanguard Mega Cap Growth ETF by 0.9% during the third quarter. Gateway Wealth Partners LLC now owns 3,361 shares of the company’s stock valued at $1,082,000 after purchasing an additional 31 shares in the last quarter. CGN Advisors LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 5.4% in the 2nd quarter. CGN Advisors LLC now owns 796 shares of the company’s stock worth $250,000 after buying an additional 41 shares during the last quarter. Csenge Advisory Group raised its position in shares of Vanguard Mega Cap Growth ETF by 0.9% during the 2nd quarter. Csenge Advisory Group now owns 4,574 shares of the company’s stock valued at $1,437,000 after buying an additional 42 shares in the last quarter. Strategic Blueprint LLC lifted 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 during the last quarter. Finally, First Financial Bankshares Inc grew its position in Vanguard Mega Cap Growth ETF by 6.0% in the third quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock worth $250,000 after acquiring an additional 44 shares in the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA MGK opened at $340.56 on Wednesday. Vanguard Mega Cap Growth ETF has a 1-year low of $240.91 and a 1-year high of $341.31. The business’s 50 day moving average is $321.89 and its two-hundred day moving average is $310.71. The stock has a market capitalization of $22.54 billion, a P/E ratio of 42.92 and a beta of 1.28.

About Vanguard Mega Cap Growth ETF

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.