Vanguard Mega Cap Growth ETF $MGK Stock Position Increased by Leavell Investment Management Inc.

Leavell Investment Management Inc. increased its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 121,543 shares of the company’s stock after buying an additional 2,005 shares during the quarter. Vanguard Mega Cap Growth ETF comprises approximately 2.1% of Leavell Investment Management Inc.’s holdings, making the stock its 5th largest holding. Leavell Investment Management Inc. owned approximately 0.16% of Vanguard Mega Cap Growth ETF worth $48,952,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Dogwood Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter worth about $27,000. Harbor Asset Planning Inc. purchased a new stake in Vanguard Mega Cap Growth ETF in the 2nd quarter worth about $28,000. Atlantic Union Bankshares Corp purchased a new stake in Vanguard Mega Cap Growth ETF in the 2nd quarter worth about $30,000. North Star Investment Management Corp. lifted its stake in Vanguard Mega Cap Growth ETF by 182.1% in the third quarter. North Star Investment Management Corp. now owns 110 shares of the company’s stock worth $44,000 after purchasing an additional 71 shares during the last quarter. Finally, Dynamic Wealth Strategies LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF during the second quarter valued at approximately $44,000.

Vanguard Mega Cap Growth ETF Stock Performance

MGK opened at $408.28 on Friday. The stock’s 50 day moving average price is $411.99 and its 200-day moving average price is $398.44. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year high of $426.80. The stock has a market cap of $32.03 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18.

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.