RFP Financial Group LLC Grows Position in Vanguard Mega Cap Growth ETF $MGK

RFP Financial Group LLC raised its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 242.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,969 shares of the company’s stock after acquiring an additional 6,348 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for about 1.4% of RFP Financial Group LLC’s holdings, making the stock its 18th biggest position. RFP Financial Group LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $3,609,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Atlantic Union Bankshares Corp acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the second quarter valued at about $30,000. North Star Investment Management Corp. increased its holdings 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 valued at $44,000 after buying an additional 71 shares in the last quarter. Dynamic Wealth Strategies LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter valued at approximately $44,000. Smartleaf Asset Management LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 463.6% during the 2nd quarter. Smartleaf Asset Management LLC now owns 124 shares of the company’s stock valued at $45,000 after acquiring an additional 102 shares during the period. Finally, MTM Investment Management LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $51,000.

Vanguard Mega Cap Growth ETF Price Performance

MGK opened at $386.95 on Monday. Vanguard Mega Cap Growth ETF has a 1-year low of $262.65 and a 1-year high of $426.80. The stock has a market cap of $30.35 billion, a P/E ratio of 37.33 and a beta of 1.18. The stock’s 50 day simple moving average is $403.39 and its 200 day simple moving average is $403.17.

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.