Perryman Financial Advisory Inc. AD Makes New $1.57 Million Investment in Vanguard Mega Cap Growth ETF $MGK

Perryman Financial Advisory Inc. AD purchased a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 16,949 shares of the company’s stock, valued at approximately $1,570,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Cardiff Park Advisors LLC bought a new stake in Vanguard Mega Cap Growth ETF during the 1st quarter worth about $46,000. Nalls Sherbakoff Group LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth about $62,000. MBM Wealth Consultants LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the 1st quarter valued at about $64,000. MV Capital Management Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at about $79,000. Finally, Basepoint Wealth LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the 1st quarter valued at about $76,000.

Vanguard Mega Cap Growth ETF Stock Down 2.2%

Shares of NYSEARCA:MGK traded down $2.07 during midday trading on Friday, reaching $90.00. The company had a trading volume of 1,366,160 shares, compared to its average volume of 1,981,593. The business’s 50 day moving average price is $91.16 and its 200 day moving average price is $87.59. The stock has a market cap of $33.86 billion, a PE ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a 1-year low of $70.32 and a 1-year high of $95.53.

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.