TCG Advisory Services LLC Buys Shares of 2,835 Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

TCG Advisory Services LLC purchased a new position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 2,835 shares of the company’s stock, valued at approximately $736,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of New York Mellon Corp increased its position in shares of Vanguard Mega Cap Growth ETF by 0.6% during the third quarter. Bank of New York Mellon Corp now owns 38,488 shares of the company’s stock worth $8,733,000 after buying an additional 226 shares during the period. Sage Mountain Advisors LLC bought a new stake in Vanguard Mega Cap Growth ETF during the third quarter valued at $278,000. WealthShield Partners LLC grew its holdings in Vanguard Mega Cap Growth ETF by 12.6% during the 3rd quarter. WealthShield Partners LLC now owns 42,575 shares of the company’s stock worth $9,660,000 after acquiring an additional 4,759 shares during the period. Pennsylvania Capital Management Inc. ADV acquired a new stake in Vanguard Mega Cap Growth ETF during the 3rd quarter worth about $286,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in shares of Vanguard Mega Cap Growth ETF by 3.3% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 40,600 shares of the company’s stock worth $9,212,000 after acquiring an additional 1,300 shares in the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of Vanguard Mega Cap Growth ETF stock traded up $5.49 on Friday, hitting $281.56. 324,154 shares of the company’s stock traded hands, compared to its average volume of 338,297. The company has a fifty day moving average of $282.26 and a two-hundred day moving average of $265.06. Vanguard Mega Cap Growth ETF has a one year low of $203.58 and a one year high of $291.40. The company has a market capitalization of $18.72 billion, a price-to-earnings ratio of 40.90 and a beta of 1.26.

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.