Towneley Capital Management Inc DE Takes $226,000 Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Towneley Capital Management Inc DE bought a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 658 shares of the company’s stock, valued at approximately $226,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MGK. Captrust Financial Advisors lifted its position in shares of Vanguard Mega Cap Growth ETF by 756.3% during the 3rd quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock worth $513,465,000 after purchasing an additional 1,408,609 shares during the last quarter. World Investment Advisors LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 36,249.8% in the 3rd quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock valued at $204,331,000 after buying an additional 632,921 shares in the last quarter. Assetmark Inc. raised its stake in Vanguard Mega Cap Growth ETF by 3.8% during the 3rd quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock worth $2,399,580,000 after acquiring an additional 271,905 shares in the last quarter. Strategic Financial Concepts LLC acquired a new position in Vanguard Mega Cap Growth ETF in the fourth quarter valued at $82,803,000. Finally, International Assets Investment Management LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 32,115.7% during the third quarter. International Assets Investment Management LLC now owns 129,185 shares of the company’s stock worth $41,591,000 after purchasing an additional 128,784 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Vanguard Mega Cap Growth ETF stock opened at $352.33 on Tuesday. The company has a market capitalization of $23.32 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a fifty-two week low of $266.99 and a fifty-two week high of $358.61. The stock has a 50-day simple moving average of $349.09 and a 200-day simple moving average of $329.83.

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.