Royal Bank of Canada Acquires 9,145 Shares of Vanguard Mega Cap Growth ETF $MGK

Royal Bank of Canada boosted its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 466,332 shares of the company’s stock after buying an additional 9,145 shares during the quarter. Royal Bank of Canada owned approximately 0.62% of Vanguard Mega Cap Growth ETF worth $171,349,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Ancora Advisors LLC boosted its position in Vanguard Mega Cap Growth ETF by 88.6% during the 3rd quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after acquiring an additional 31 shares in the last quarter. IFC & Insurance Marketing Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth $32,000. Costello Asset Management INC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 116.3% during the 4th quarter. Costello Asset Management INC now owns 93 shares of the company’s stock worth $39,000 after purchasing an additional 50 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its stake in shares of Vanguard Mega Cap Growth ETF by 350.0% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 99 shares of the company’s stock worth $41,000 after purchasing an additional 77 shares during the last quarter. Finally, Birchbrook Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter valued at about $43,000.

Vanguard Mega Cap Growth ETF Price Performance

MGK opened at $83.11 on Thursday. The business’s 50-day moving average is $87.69 and its two-hundred day moving average is $82.66. Vanguard Mega Cap Growth ETF has a 1 year low of $70.32 and a 1 year high of $92.38. The firm has a market capitalization of $31.27 billion, a PE 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.