RFP Financial Group LLC Boosts Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

RFP Financial Group LLC grew its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 592.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 119,122 shares of the company’s stock after purchasing an additional 101,910 shares during the quarter. Vanguard Mega Cap Growth ETF makes up 12.5% of RFP Financial Group LLC’s portfolio, making the stock its 2nd largest holding. RFP Financial Group LLC owned about 0.18% of Vanguard Mega Cap Growth ETF worth $38,351,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc lifted its stake in Vanguard Mega Cap Growth ETF by 453.9% during the first quarter. AdvisorNet Financial Inc now owns 637 shares of the company’s stock valued at $182,000 after purchasing an additional 522 shares during the last quarter. CGN Advisors LLC acquired a new stake in Vanguard Mega Cap Growth ETF during the 1st quarter worth about $216,000. Von Berge Wealth Management Group LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 23.5% in the first quarter. Von Berge Wealth Management Group LLC now owns 45,078 shares of the company’s stock worth $12,920,000 after buying an additional 8,571 shares during the period. Brookstone Capital Management increased its position in shares of Vanguard Mega Cap Growth ETF by 1.4% in the first quarter. Brookstone Capital Management now owns 8,231 shares of the company’s stock worth $2,359,000 after acquiring an additional 112 shares in the last quarter. Finally, Bowman & Co S.C. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the first quarter valued at approximately $1,410,000.

Vanguard Mega Cap Growth ETF Price Performance

Vanguard Mega Cap Growth ETF stock traded down $0.47 during midday trading on Tuesday, reaching $329.08. The stock had a trading volume of 70,121 shares, compared to its average volume of 343,280. The firm’s fifty day simple moving average is $316.40 and its two-hundred day simple moving average is $304.91. Vanguard Mega Cap Growth ETF has a twelve month low of $218.10 and a twelve month high of $330.36. The firm has a market cap of $21.78 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.