Silicon Valley Capital Partners Increases Stock Position in Vanguard Mega Cap Growth ETF $MGK

by · The Markets Daily

Silicon Valley Capital Partners increased its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK – Free Report) by 391.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 45,833 shares of the company’s stock after purchasing an additional 36,509 shares during the period. Silicon Valley Capital Partners’ holdings in Vanguard Mega Cap Growth ETF were worth $4,029,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Concurrent Investment Advisors LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 328.2% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 236,260 shares of the company’s stock worth $20,770,000 after buying an additional 181,082 shares during the last quarter. HB Wealth Management LLC increased its position in Vanguard Mega Cap Growth ETF by 401.1% during the second quarter. HB Wealth Management LLC now owns 379,143 shares of the company’s stock valued at $33,331,000 after acquiring an additional 303,479 shares during the last quarter. Accel Wealth Management increased its position in Vanguard Mega Cap Growth ETF by 387.7% during the second quarter. Accel Wealth Management now owns 9,890 shares of the company’s stock valued at $869,000 after acquiring an additional 7,862 shares during the last quarter. Cornerstone Wealth Group LLC bought a new position in Vanguard Mega Cap Growth ETF in the first quarter valued at about $3,191,000. Finally, Royal Bank of Canada lifted its holdings in Vanguard Mega Cap Growth ETF by 2.0% in the first quarter. Royal Bank of Canada now owns 466,332 shares of the company’s stock valued at $171,349,000 after acquiring an additional 9,145 shares during the period.

Vanguard Mega Cap Growth ETF Stock Up 2.7%

NYSEARCA:MGK traded up $2.44 on Monday, hitting $93.33. The stock had a trading volume of 1,694,661 shares, compared to its average volume of 2,042,679. The stock has a market cap of $35.11 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24. The business’s 50-day simple moving average is $88.77 and its two-hundred day simple moving average is $85.23. Vanguard Mega Cap Growth ETF has a 52-week low of $70.32 and a 52-week high of $93.56.

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.

Recommended Stories