Trevian Wealth Management LLC Takes Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Trevian Wealth Management LLC acquired a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 916 shares of the company’s stock, valued at approximately $238,000. Vanguard Mega Cap Growth ETF makes up approximately 0.2% of Trevian Wealth Management LLC’s holdings, making the stock its 28th biggest position.

Other large investors have also made changes to their positions in the company. Moneta Group Investment Advisors LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 169,329.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 17,371,593 shares of the company’s stock valued at $2,989,130,000 after purchasing an additional 17,361,340 shares during the last quarter. Bank of America Corp DE raised its position in shares of Vanguard Mega Cap Growth ETF by 12.5% in the 1st quarter. Bank of America Corp DE now owns 1,894,854 shares of the company’s stock valued at $387,517,000 after acquiring an additional 211,208 shares during the period. Wells Fargo & Company MN raised its position in shares of Vanguard Mega Cap Growth ETF by 29.0% in the 2nd quarter. Wells Fargo & Company MN now owns 862,993 shares of the company’s stock valued at $203,079,000 after acquiring an additional 193,871 shares during the period. American Trust raised its position in shares of Vanguard Mega Cap Growth ETF by 291.7% in the 3rd quarter. American Trust now owns 221,623 shares of the company’s stock valued at $50,286,000 after acquiring an additional 165,038 shares during the period. Finally, Assetmark Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 1.7% in the 3rd quarter. Assetmark Inc. now owns 6,641,918 shares of the company’s stock valued at $1,507,051,000 after acquiring an additional 108,476 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

MGK stock traded up $0.60 during mid-day trading on Wednesday, hitting $287.48. 394,728 shares of the company were exchanged, compared to its average volume of 343,495. The firm has a market cap of $17.09 billion, a P/E ratio of 28.50 and a beta of 1.11. The firm’s 50 day simple moving average is $279.25 and its 200 day simple moving average is $255.90. Vanguard Mega Cap Growth ETF has a 1-year low of $194.43 and a 1-year high of $291.40.

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.