Steel Grove Capital Advisors LLC Buys 1,620 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Steel Grove Capital Advisors LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 49.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,881 shares of the company’s stock after purchasing an additional 1,620 shares during the quarter. Steel Grove Capital Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,534,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. PSI Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter worth about $25,000. YHB Investment Advisors Inc. bought a new position in Vanguard Mega Cap Growth ETF in the 1st quarter worth about $29,000. Rothschild Investment LLC bought a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter worth about $31,000. Global Wealth Strategies & Associates bought a new position in Vanguard Mega Cap Growth ETF in the 1st quarter worth about $30,000. Finally, Redmont Wealth Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter worth about $35,000.

Vanguard Mega Cap Growth ETF Stock Down 0.3 %

Shares of NYSEARCA MGK opened at $319.32 on Monday. The firm has a market capitalization of $21.14 billion, a P/E ratio of 42.92 and a beta of 1.28. The stock’s 50-day simple moving average is $308.57 and its two-hundred day simple moving average is $299.45. Vanguard Mega Cap Growth ETF has a twelve month low of $218.10 and a twelve month high of $330.36.

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.