DT Investment Partners LLC Buys Shares of 83,766 Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

DT Investment Partners LLC bought a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 83,766 shares of the company’s stock, valued at approximately $22,790,000. Vanguard Mega Cap Growth ETF accounts for approximately 2.5% of DT Investment Partners LLC’s holdings, making the stock its 11th largest holding.

A number of other institutional investors also recently made changes to their positions in MGK. JPMorgan Chase & Co. raised its position in shares of Vanguard Mega Cap Growth ETF by 61.1% in the 1st quarter. JPMorgan Chase & Co. now owns 10,560 shares of the company’s stock valued at $2,487,000 after purchasing an additional 4,006 shares in the last quarter. Citigroup Inc. raised its position 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 valued at $69,000 after acquiring an additional 113 shares in the last quarter. Blair William & Co. IL raised its position 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 valued at $6,837,000 after acquiring an additional 819 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 1st quarter valued at approximately $76,000. Finally, Prudential Financial Inc. raised its position 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 valued at $5,079,000 after acquiring an additional 4,945 shares in the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK stock traded down $6.66 on Friday, hitting $267.84. 490,504 shares of the stock traded hands, compared to its average volume of 338,091. The company has a market capitalization of $17.81 billion, a PE ratio of 42.52 and a beta of 1.11. Vanguard Mega Cap Growth ETF has a 1-year low of $199.81 and a 1-year high of $291.40. The company’s fifty day moving average is $283.14 and its 200 day moving average is $261.84.

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.