Gray Wealth Management Inc. Acquires 51 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Gray Wealth Management Inc. boosted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,804 shares of the company’s stock after purchasing an additional 51 shares during the period. Gray Wealth Management Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $1,247,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Resurgent Financial Advisors LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF in the fourth quarter worth approximately $25,000. Authentikos Wealth Advisory LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at $27,000. AdvisorNet Financial Inc acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth $30,000. Winch Advisory Services LLC raised its stake in Vanguard Mega Cap Growth ETF by 100.0% during the fourth quarter. Winch Advisory Services LLC now owns 166 shares of the company’s stock worth $43,000 after buying an additional 83 shares during the last quarter. Finally, BNP Paribas Arbitrage SNC acquired a new position in Vanguard Mega Cap Growth ETF in the first quarter valued at $45,000.

Vanguard Mega Cap Growth ETF Stock Down 0.6 %

MGK traded down $1.70 during trading on Thursday, reaching $274.50. 265,404 shares of the stock traded hands, compared to its average volume of 336,064. The stock’s 50-day moving average is $283.55 and its 200 day moving average is $261.48. Vanguard Mega Cap Growth ETF has a 12 month low of $199.81 and a 12 month high of $291.40. The stock has a market capitalization of $18.25 billion, a PE ratio of 42.52 and a beta of 1.11.

About Vanguard Mega Cap Growth ETF

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.