Checchi Capital Advisers LLC Has $5.90 Million Stake in Vanguard Mega Cap Growth ETF $MGK

Checchi Capital Advisers LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 54.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 14,663 shares of the company’s stock after purchasing an additional 5,160 shares during the period. Checchi Capital Advisers LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $5,901,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Assetmark Inc. raised its holdings in Vanguard Mega Cap Growth ETF by 2.9% during the 2nd quarter. Assetmark Inc. now owns 7,944,594 shares of the company’s stock worth $2,909,072,000 after buying an additional 227,615 shares during the period. Cassaday & Co Wealth Management LLC boosted its stake in Vanguard Mega Cap Growth ETF by 6.0% in the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 3,737,341 shares of the company’s stock worth $1,368,502,000 after purchasing an additional 211,907 shares during the period. Captrust Financial Advisors increased its holdings in Vanguard Mega Cap Growth ETF by 0.9% during the 2nd quarter. Captrust Financial Advisors now owns 1,668,738 shares of the company’s stock worth $611,042,000 after purchasing an additional 15,432 shares in the last quarter. Vantagepoint Investment Advisers LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter valued at about $335,586,000. Finally, Osaic Holdings Inc. lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 383.6% in the second quarter. Osaic Holdings Inc. now owns 623,866 shares of the company’s stock valued at $228,441,000 after purchasing an additional 494,855 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA:MGK opened at $398.11 on Wednesday. The stock has a 50-day simple moving average of $411.80 and a 200 day simple moving average of $401.98. Vanguard Mega Cap Growth ETF has a 52-week low of $262.65 and a 52-week high of $426.80. The company has a market cap of $31.23 billion, a PE ratio of 37.33 and a beta of 1.18.

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.