Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Purchased by Kovack Advisors Inc.

Kovack Advisors Inc. raised its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 11,236 shares of the company’s stock after acquiring an additional 333 shares during the period. Kovack Advisors Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $3,220,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of MGK. Global Wealth Strategies & Associates acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the first quarter valued at approximately $30,000. AdvisorNet Financial Inc purchased a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth $30,000. Scarborough Advisors LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at about $32,000. Criterion Capital Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at about $37,000. Finally, Winch Advisory Services LLC increased its position in Vanguard Mega Cap Growth ETF by 100.0% during the fourth quarter. Winch Advisory Services LLC now owns 166 shares of the company’s stock worth $43,000 after purchasing an additional 83 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 0.7 %

MGK stock traded up $2.39 during trading on Thursday, reaching $322.21. 177,548 shares of the stock were exchanged, compared to its average volume of 314,309. The business has a 50 day moving average price of $298.07 and a 200-day moving average price of $282.94. Vanguard Mega Cap Growth ETF has a 1 year low of $218.10 and a 1 year high of $322.37. The firm has a market capitalization of $21.33 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28.

Vanguard Mega Cap Growth ETF Company 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.