Advisor OS LLC Purchases 1,327 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Advisor OS LLC lifted its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 18.5% during the second quarter, Holdings Channel reports. The firm owned 8,495 shares of the company’s stock after acquiring an additional 1,327 shares during the period. Advisor OS LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $2,669,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Howard Capital Management Inc. lifted its stake in Vanguard Mega Cap Growth ETF by 5.9% in the second quarter. Howard Capital Management Inc. now owns 13,846 shares of the company’s stock valued at $4,351,000 after purchasing an additional 768 shares during the last quarter. Private Advisor Group LLC raised its holdings in Vanguard Mega Cap Growth ETF by 4.7% during the 2nd quarter. Private Advisor Group LLC now owns 23,521 shares of the company’s stock valued at $7,390,000 after acquiring an additional 1,056 shares during the period. Synergy Asset Management LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the second quarter worth $2,517,000. Larson Financial Group LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 125.6% in the second quarter. Larson Financial Group LLC now owns 449 shares of the company’s stock worth $141,000 after acquiring an additional 250 shares during the period. Finally, Foundations Investment Advisors LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 11.1% in the second quarter. Foundations Investment Advisors LLC now owns 76,495 shares of the company’s stock valued at $24,036,000 after purchasing an additional 7,634 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $298.65 on Friday. Vanguard Mega Cap Growth ETF has a 52-week low of $218.10 and a 52-week high of $330.36. The stock’s 50-day simple moving average is $310.81 and its 200 day simple moving average is $297.11. The stock has a market capitalization of $19.77 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28.

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.