Captrust Financial Advisors Buys 1,408,609 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Captrust Financial Advisors boosted its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 756.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,594,858 shares of the company’s stock after purchasing an additional 1,408,609 shares during the period. Vanguard Mega Cap Growth ETF comprises approximately 1.5% of Captrust Financial Advisors’ portfolio, making the stock its 12th biggest holding. Captrust Financial Advisors owned 2.41% of Vanguard Mega Cap Growth ETF worth $513,465,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Gateway Wealth Partners LLC raised its position in shares of 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 purchasing an additional 31 shares during the period. CGN Advisors LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 5.4% in the second quarter. CGN Advisors LLC now owns 796 shares of the company’s stock worth $250,000 after acquiring an additional 41 shares during the period. Csenge Advisory Group grew its position in shares of 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 purchasing an additional 42 shares in the last quarter. Strategic Blueprint LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 2.2% during the 3rd quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock valued at $622,000 after purchasing an additional 42 shares during the period. Finally, First Financial Bankshares Inc lifted its holdings in Vanguard Mega Cap Growth ETF by 6.0% during the 3rd quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock worth $250,000 after purchasing an additional 44 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.7 %

Shares of NYSEARCA MGK opened at $336.98 on Friday. The company has a market cap of $22.30 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52 week low of $246.18 and a 52 week high of $342.22. The business has a 50-day simple moving average of $328.28 and a two-hundred day simple moving average of $314.90.

Vanguard Mega Cap Growth ETF Company 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.