Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Bought by McClarren Financial Advisors Inc.

McClarren Financial Advisors Inc. lifted its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 21,310 shares of the company’s stock after buying an additional 323 shares during the quarter. Vanguard Mega Cap Growth ETF comprises about 4.2% of McClarren Financial Advisors Inc.’s investment portfolio, making the stock its 6th biggest position. McClarren Financial Advisors Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $5,530,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of MGK. AdvisorNet Financial Inc bought a new position in Vanguard Mega Cap Growth ETF during the fourth quarter worth about $30,000. Authentikos Wealth Advisory LLC bought a new position in Vanguard Mega Cap Growth ETF during the third quarter worth about $27,000. Criterion Capital Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF during the fourth quarter worth about $37,000. Winch Advisory Services LLC increased its position 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 acquiring an additional 83 shares during the period. Finally, Chilton Capital Management LLC bought a new position in Vanguard Mega Cap Growth ETF during the fourth quarter worth about $50,000.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA:MGK traded down $1.95 during mid-day trading on Thursday, reaching $272.81. 216,722 shares of the company’s stock were exchanged, compared to its average volume of 335,379. Vanguard Mega Cap Growth ETF has a one year low of $200.95 and a one year high of $291.40. The firm has a market capitalization of $18.14 billion, a PE ratio of 42.52 and a beta of 1.11. The business’s fifty day simple moving average is $282.76 and its two-hundred day simple moving average is $263.02.

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.