Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Purchased by UNIVEST FINANCIAL Corp

Posted by Doug Wharley on Mar 27th, 2025

UNIVEST FINANCIAL Corp raised its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK – Free Report) by 46.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,272 shares of the company’s stock after acquiring an additional 405 shares during the quarter. UNIVEST FINANCIAL Corp’s holdings in Vanguard Mega Cap Growth ETF were worth $437,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in MGK. Bank of Jackson Hole Trust purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at about $27,000. 1620 Investment Advisors Inc. purchased a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter worth about $30,000. Mainstream Capital Management LLC acquired a new position in Vanguard Mega Cap Growth ETF during the fourth quarter worth about $31,000. Copley Financial Group Inc. purchased a new position in Vanguard Mega Cap Growth ETF in the third quarter valued at about $33,000. Finally, Riggs Asset Managment Co. Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at approximately $40,000.

Vanguard Mega Cap Growth ETF Price Performance

MGK opened at $318.80 on Thursday. Vanguard Mega Cap Growth ETF has a 1-year low of $266.99 and a 1-year high of $358.64. The stock has a market cap of $23.24 billion, a P/E ratio of 35.83 and a beta of 1.15. The stock’s 50 day simple moving average is $338.35 and its 200 day simple moving average is $335.57.

Vanguard Mega Cap Growth ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be given a $0.3397 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This is a boost from Vanguard Mega Cap Growth ETF’s previous dividend of $0.31.

Vanguard Mega Cap Growth ETF Company Profile

(Free Report)

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.