Kestra Advisory Services LLC Has $25.84 Million Position in Vanguard Mega Cap Growth ETF $MGK

Kestra Advisory Services LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 61.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 70,315 shares of the company’s stock after purchasing an additional 26,681 shares during the period. Kestra Advisory Services LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $25,836,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MGK. TFR Capital LLC. grew its holdings in Vanguard Mega Cap Growth ETF by 2.7% during the 4th quarter. TFR Capital LLC. now owns 961 shares of the company’s stock worth $397,000 after acquiring an additional 25 shares during the last quarter. First Horizon Corp raised its stake in shares of Vanguard Mega Cap Growth ETF by 0.7% in the fourth quarter. First Horizon Corp now owns 3,383 shares of the company’s stock worth $1,396,000 after acquiring an additional 25 shares during the last quarter. New England Capital Financial Advisors LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 16.9% in the fourth quarter. New England Capital Financial Advisors LLC now owns 173 shares of the company’s stock worth $71,000 after acquiring an additional 25 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 1.8% in the fourth quarter. Sequoia Financial Advisors LLC now owns 1,487 shares of the company’s stock worth $614,000 after acquiring an additional 26 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 18.0% during the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 177 shares of the company’s stock worth $73,000 after purchasing an additional 27 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 0.5%

Shares of MGK traded up $0.46 during mid-day trading on Friday, hitting $89.06. 1,415,313 shares of the company traded hands, compared to its average volume of 2,362,092. Vanguard Mega Cap Growth ETF has a one year low of $70.32 and a one year high of $92.38. The business has a 50-day moving average of $87.97 and a 200 day moving average of $82.35. The stock has a market capitalization of $33.50 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24.

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.