PNC Financial Services Group Inc. Grows Stake in Vanguard Mega Cap Growth ETF $MGK

PNC Financial Services Group Inc. boosted its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 531,713 shares of the company’s stock after purchasing an additional 14,064 shares during the quarter. PNC Financial Services Group Inc. owned about 0.70% of Vanguard Mega Cap Growth ETF worth $195,372,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in MGK. AA Financial Advisors LLC purchased a new position in Vanguard Mega Cap Growth ETF during the fourth quarter valued at $694,000. Sollinda Capital Management LLC lifted its stake in Vanguard Mega Cap Growth ETF by 147.3% in the 4th quarter. Sollinda Capital Management LLC now owns 4,749 shares of the company’s stock worth $1,960,000 after purchasing an additional 2,829 shares in the last quarter. McClarren Financial Advisors Inc. boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 29.9% during the 4th quarter. McClarren Financial Advisors Inc. now owns 37,851 shares of the company’s stock valued at $15,624,000 after purchasing an additional 8,720 shares during the last quarter. Royal Fund Management LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 22.6% during the fourth quarter. Royal Fund Management LLC now owns 21,591 shares of the company’s stock valued at $8,928,000 after purchasing an additional 3,980 shares in the last quarter. Finally, Sherman Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the fourth quarter worth about $13,421,000.

Vanguard Mega Cap Growth ETF Trading Down 0.6%

Shares of Vanguard Mega Cap Growth ETF stock opened at $87.17 on Thursday. The firm has a market cap of $32.79 billion, a PE ratio of 37.33 and a beta of 1.24. The stock has a 50 day moving average of $88.10 and a 200 day moving average of $82.60. Vanguard Mega Cap Growth ETF has a 12 month low of $70.32 and a 12 month high of $92.38.

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.