Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Purchased by Petredis Investment Advisors LLC

Petredis Investment Advisors LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 259,521 shares of the company’s stock after purchasing an additional 8,117 shares during the period. Vanguard Mega Cap Growth ETF accounts for approximately 9.2% of Petredis Investment Advisors LLC’s holdings, making the stock its largest holding. Petredis Investment Advisors LLC owned approximately 0.39% of Vanguard Mega Cap Growth ETF worth $89,122,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MGK. Assetmark Inc. boosted its position in Vanguard Mega Cap Growth ETF by 3.8% in the 3rd quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock valued at $2,399,580,000 after buying an additional 271,905 shares during the last quarter. Cassaday & Co Wealth Management LLC boosted its position in Vanguard Mega Cap Growth ETF by 2.1% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 3,574,349 shares of the company’s stock valued at $1,150,762,000 after buying an additional 74,966 shares during the last quarter. Captrust Financial Advisors boosted its position in Vanguard Mega Cap Growth ETF by 756.3% in the 3rd quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock valued at $513,465,000 after buying an additional 1,408,609 shares during the last quarter. World Investment Advisors LLC boosted its position in Vanguard Mega Cap Growth ETF by 36,249.8% in the 3rd quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock valued at $204,331,000 after buying an additional 632,921 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in Vanguard Mega Cap Growth ETF by 0.5% in the 3rd quarter. PNC Financial Services Group Inc. now owns 566,062 shares of the company’s stock valued at $182,244,000 after buying an additional 2,623 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $353.62 on Friday. The firm has a market capitalization of $23.41 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The business’s fifty day moving average price is $346.42 and its two-hundred day moving average price is $327.25. Vanguard Mega Cap Growth ETF has a 52 week low of $265.99 and a 52 week high of $358.61.

About Vanguard Mega Cap Growth ETF

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.