Harbour Investments Inc. Boosts Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Harbour Investments Inc. grew its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,823 shares of the company’s stock after acquiring an additional 374 shares during the quarter. Harbour Investments Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $5,738,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Gateway Wealth Partners LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 0.9% in the third quarter. Gateway Wealth Partners LLC now owns 3,361 shares of the company’s stock valued at $1,082,000 after acquiring an additional 31 shares during the period. CGN Advisors LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 5.4% in the second quarter. CGN Advisors LLC now owns 796 shares of the company’s stock valued at $250,000 after acquiring an additional 41 shares during the period. Csenge Advisory Group lifted its holdings in Vanguard Mega Cap Growth ETF by 0.9% in the second quarter. Csenge Advisory Group now owns 4,574 shares of the company’s stock valued at $1,437,000 after acquiring an additional 42 shares during the period. Strategic Blueprint LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 2.2% in the third quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock valued at $622,000 after acquiring an additional 42 shares during the period. Finally, First Financial Bankshares Inc lifted its holdings in Vanguard Mega Cap Growth ETF by 6.0% in the third quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock valued at $250,000 after acquiring an additional 44 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $340.05 on Tuesday. Vanguard Mega Cap Growth ETF has a one year low of $240.91 and a one year high of $341.31. The stock has a market capitalization of $22.51 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The stock has a 50 day moving average price of $321.19 and a 200 day moving average price of $310.27.

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.