Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) is Leelyn Smith LLC’s Largest Position

Leelyn Smith LLC increased its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 138,625 shares of the company’s stock after buying an additional 1,066 shares during the period. Vanguard Mega Cap Growth ETF accounts for about 8.1% of Leelyn Smith LLC’s portfolio, making the stock its largest position. Leelyn Smith LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $44,630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in MGK. Nwam LLC bought a new position in Vanguard Mega Cap Growth ETF in the third quarter worth approximately $2,415,000. Meridian Wealth Management LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter worth $1,394,000. Icon Wealth Advisors LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 1,372.5% during the third quarter. Icon Wealth Advisors LLC now owns 18,333 shares of the company’s stock valued at $5,902,000 after buying an additional 17,088 shares during the period. 49 Wealth Management LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 7.9% in the third quarter. 49 Wealth Management LLC now owns 1,007 shares of the company’s stock valued at $324,000 after acquiring an additional 74 shares in the last quarter. Finally, Activest Wealth Management lifted its stake in Vanguard Mega Cap Growth ETF by 45.2% in the third quarter. Activest Wealth Management now owns 350 shares of the company’s stock worth $113,000 after acquiring an additional 109 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA MGK opened at $335.80 on Friday. Vanguard Mega Cap Growth ETF has a one year low of $246.18 and a one year high of $342.22. The company has a market capitalization of $22.23 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The company’s 50-day simple moving average is $326.08 and its two-hundred day simple moving average is $313.11.

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.