Synovus Financial Corp Grows Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Synovus Financial Corp lifted its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 24.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,163 shares of the company’s stock after acquiring an additional 3,195 shares during the period. Synovus Financial Corp’s holdings in Vanguard Mega Cap Growth ETF were worth $5,204,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 18.8% in the 1st quarter. Vanguard Group Inc. now owns 8,008 shares of the company’s stock valued at $2,295,000 after buying an additional 1,268 shares in the last quarter. Brookstone Capital Management grew its holdings in shares of Vanguard Mega Cap Growth ETF by 25.7% during the second quarter. Brookstone Capital Management now owns 10,344 shares of the company’s stock worth $3,266,000 after purchasing an additional 2,113 shares during the last quarter. ARS Wealth Advisors Group LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF during the second quarter worth about $214,000. Raymond James & Associates increased its position in shares of Vanguard Mega Cap Growth ETF by 7.1% during the second quarter. Raymond James & Associates now owns 94,777 shares of the company’s stock worth $29,780,000 after purchasing an additional 6,318 shares in the last quarter. Finally, Willner & Heller LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 2.3% in the 2nd quarter. Willner & Heller LLC now owns 4,232 shares of the company’s stock valued at $1,330,000 after purchasing an additional 95 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.1 %

NYSEARCA:MGK opened at $353.96 on Friday. The company has a market capitalization of $23.43 billion, a PE ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52-week low of $250.79 and a 52-week high of $356.76. The stock’s 50 day moving average price is $334.82 and its 200 day moving average price is $319.30.

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.