Vanguard Mega Cap Growth ETF $MGK Shares Bought by Fifth Third Bancorp

Fifth Third Bancorp raised its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 75,906.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 226,498 shares of the company’s stock after buying an additional 226,200 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Mega Cap Growth ETF were worth $83,225,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sovran Advisors LLC boosted its position in shares of Vanguard Mega Cap Growth ETF by 418.3% during the 1st quarter. Sovran Advisors LLC now owns 18,318 shares of the company’s stock valued at $6,731,000 after acquiring an additional 14,784 shares during the last quarter. Simplicity Wealth LLC increased its position in Vanguard Mega Cap Growth ETF by 87.4% during the first quarter. Simplicity Wealth LLC now owns 3,792 shares of the company’s stock worth $1,393,000 after purchasing an additional 1,768 shares during the last quarter. Kestra Advisory Services LLC raised its stake in Vanguard Mega Cap Growth ETF by 61.1% during the first quarter. Kestra Advisory Services LLC now owns 70,315 shares of the company’s stock worth $25,836,000 after purchasing an additional 26,681 shares during the period. Capital Planning LLC raised its stake in Vanguard Mega Cap Growth ETF by 17.2% during the first quarter. Capital Planning LLC now owns 27,060 shares of the company’s stock worth $9,943,000 after purchasing an additional 3,973 shares during the period. Finally, Cvfg LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 8.6% in the 1st quarter. Cvfg LLC now owns 1,537 shares of the company’s stock valued at $565,000 after purchasing an additional 122 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Vanguard Mega Cap Growth ETF stock opened at $89.06 on Monday. The firm has a 50 day simple moving average of $87.97 and a 200-day simple moving average of $82.35. Vanguard Mega Cap Growth ETF has a 1-year low of $70.32 and a 1-year high of $92.38. The stock has a market cap of $33.50 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24.

Vanguard Mega Cap Growth ETF 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.