Silver Oak Securities Incorporated Grows Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Silver Oak Securities Incorporated raised its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 64.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,136 shares of the company’s stock after buying an additional 8,683 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Vanguard Mega Cap Growth ETF were worth $5,744,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. AdvisorNet Financial Inc purchased a new position in Vanguard Mega Cap Growth ETF during the 4th quarter worth $30,000. Authentikos Wealth Advisory LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at $27,000. Criterion Capital Advisors LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at $37,000. Winch Advisory Services LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 100.0% in the 4th quarter. Winch Advisory Services LLC now owns 166 shares of the company’s stock valued at $43,000 after acquiring an additional 83 shares during the period. Finally, Chilton Capital Management LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at $50,000.

Vanguard Mega Cap Growth ETF Stock Performance

MGK stock traded up $5.11 on Friday, hitting $277.92. 1,087,971 shares of the company’s stock were exchanged, compared to its average volume of 344,672. Vanguard Mega Cap Growth ETF has a 12-month low of $203.01 and a 12-month high of $291.40. The firm has a 50 day moving average price of $282.58 and a two-hundred day moving average price of $263.79. The stock has a market cap of $18.48 billion, a P/E ratio of 40.90 and a beta of 1.26.

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.