Tactive Advisors LLC Increases Stock Position in Vanguard Mega Cap Growth ETF $MGK

Tactive Advisors LLC grew its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 421.3% during the 2nd quarter, Holdings Channel reports. The firm owned 64,540 shares of the company’s stock after buying an additional 52,160 shares during the period. Vanguard Mega Cap Growth ETF comprises approximately 1.4% of Tactive Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Tactive Advisors LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $5,674,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the business. TFR Capital LLC. raised its position in shares of 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 purchasing an additional 25 shares during the last quarter. First Horizon Corp increased its position in Vanguard Mega Cap Growth ETF by 0.7% during the fourth quarter. First Horizon Corp now owns 3,383 shares of the company’s stock worth $1,396,000 after buying an additional 25 shares in the last quarter. New England Capital Financial Advisors LLC increased its position in Vanguard Mega Cap Growth ETF by 16.9% during the fourth quarter. New England Capital Financial Advisors LLC now owns 173 shares of the company’s stock worth $71,000 after buying an additional 25 shares in the last quarter. Sequoia Financial Advisors LLC raised its holdings 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 raised its holdings in shares of Vanguard Mega Cap Growth ETF by 18.0% in the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 177 shares of the company’s stock worth $73,000 after acquiring an additional 27 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 0.9%

Shares of NYSEARCA:MGK opened at $90.79 on Friday. Vanguard Mega Cap Growth ETF has a 52-week low of $70.32 and a 52-week high of $92.38. The stock’s fifty day simple moving average is $87.55 and its 200-day simple moving average is $82.98. The company has a market capitalization of $34.16 billion, a P/E 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.