Gratus Wealth Advisors LLC Has $54.69 Million Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Gratus Wealth Advisors LLC increased its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.0% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 172,431 shares of the company’s stock after acquiring an additional 1,765 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for approximately 8.9% of Gratus Wealth Advisors LLC’s portfolio, making the stock its 2nd largest position. Gratus Wealth Advisors LLC owned approximately 0.26% of Vanguard Mega Cap Growth ETF worth $54,688,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. PSI Advisors LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter worth about $25,000. YHB Investment Advisors Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the first quarter worth approximately $29,000. Global Wealth Strategies & Associates purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the first quarter worth approximately $30,000. Rothschild Investment LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter valued at approximately $31,000. Finally, Scarborough Advisors LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at approximately $32,000.

Vanguard Mega Cap Growth ETF Trading Up 1.8 %

Shares of Vanguard Mega Cap Growth ETF stock opened at $322.82 on Wednesday. The stock has a fifty day simple moving average of $310.80 and a 200 day simple moving average of $302.36. Vanguard Mega Cap Growth ETF has a 12-month low of $218.10 and a 12-month high of $330.36. The company has a market capitalization of $21.37 billion, a P/E 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.