FC Advisory LLC Acquires 365,775 Shares of Vanguard Mega Cap Growth ETF $MGK

FC Advisory LLC boosted its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 392.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 459,040 shares of the company’s stock after acquiring an additional 365,775 shares during the quarter. Vanguard Mega Cap Growth ETF comprises approximately 10.7% of FC Advisory LLC’s portfolio, making the stock its biggest holding. FC Advisory LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $40,354,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. TFR Capital LLC. increased its holdings in shares of Vanguard Mega Cap Growth ETF by 2.7% in the 4th quarter. TFR Capital LLC. now owns 961 shares of the company’s stock valued at $397,000 after purchasing an additional 25 shares in the last quarter. First Horizon Corp lifted 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 valued at $1,396,000 after purchasing an additional 25 shares during the period. New England Capital Financial Advisors LLC boosted its holdings 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 grew its position in Vanguard Mega Cap Growth ETF by 1.8% during the fourth quarter. Sequoia Financial Advisors LLC now owns 1,487 shares of the company’s stock worth $614,000 after buying an additional 26 shares during the period. Finally, Avestar Capital LLC increased its holdings in Vanguard Mega Cap Growth ETF by 0.9% in the fourth quarter. Avestar Capital LLC now owns 3,450 shares of the company’s stock valued at $1,424,000 after buying an additional 30 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.2%

MGK stock opened at $90.63 on Tuesday. The firm has a 50 day moving average of $87.52 and a 200-day moving average of $83.06. The company has a market cap of $34.10 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24. 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 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.