Zhang Financial LLC Boosts Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Zhang Financial LLC raised its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 9.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,512 shares of the company’s stock after buying an additional 982 shares during the quarter. Zhang Financial LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $2,988,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Mega Cap Growth ETF by 61.1% during the 1st quarter. JPMorgan Chase & Co. now owns 10,560 shares of the company’s stock worth $2,487,000 after purchasing an additional 4,006 shares during the period. Citigroup Inc. grew its holdings in shares of Vanguard Mega Cap Growth ETF by 63.5% during the 1st quarter. Citigroup Inc. now owns 291 shares of the company’s stock worth $69,000 after purchasing an additional 113 shares during the period. Blair William & Co. IL grew its holdings in shares of Vanguard Mega Cap Growth ETF by 2.9% during the 1st quarter. Blair William & Co. IL now owns 29,045 shares of the company’s stock worth $6,837,000 after purchasing an additional 819 shares during the period. Brown Brothers Harriman & Co. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 1st quarter worth about $76,000. Finally, Prudential Financial Inc. grew its holdings in shares of Vanguard Mega Cap Growth ETF by 29.7% during the 1st quarter. Prudential Financial Inc. now owns 21,577 shares of the company’s stock worth $5,079,000 after purchasing an additional 4,945 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA:MGK traded down $5.09 during trading on Friday, reaching $269.41. 309,024 shares of the stock were exchanged, compared to its average volume of 335,614. Vanguard Mega Cap Growth ETF has a 12-month low of $199.81 and a 12-month high of $291.40. The firm has a market cap of $17.91 billion, a price-to-earnings ratio of 42.52 and a beta of 1.11. The firm’s 50-day moving average price is $283.45 and its 200 day moving average price is $261.57.

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.