Stonebridge Financial Planning Group LLC Increases Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Stonebridge Financial Planning Group LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 10.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,943 shares of the company’s stock after purchasing an additional 178 shares during the quarter. Stonebridge Financial Planning Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $626,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. PSI Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter worth approximately $25,000. Rothschild Investment LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter worth $31,000. Peterson Financial Group Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the third quarter worth $33,000. Redmont Wealth Advisors LLC purchased a new position in Vanguard Mega Cap Growth ETF during the second quarter valued at $35,000. Finally, Pineridge Advisors LLC grew its stake in Vanguard Mega Cap Growth ETF by 115.7% during the first quarter. Pineridge Advisors LLC now owns 151 shares of the company’s stock valued at $43,000 after acquiring an additional 81 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.4 %

MGK stock traded down $1.47 during mid-day trading on Wednesday, hitting $334.41. The company had a trading volume of 7,140 shares, compared to its average volume of 343,342. The company has a 50-day moving average price of $325.16 and a 200 day moving average price of $312.79. Vanguard Mega Cap Growth ETF has a 12-month low of $246.18 and a 12-month high of $342.22. The company has a market capitalization of $22.13 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28.

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.