39,625 Shares in Vanguard Mega Cap Growth ETF $MGK Bought by Valmark Advisers Inc.

Valmark Advisers Inc. acquired a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 39,625 shares of the company’s stock, valued at approximately $3,671,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC raised its position in Vanguard Mega Cap Growth ETF by 1.3% in the first quarter. Cassaday & Co Wealth Management LLC now owns 3,719,368 shares of the company’s stock worth $1,366,645,000 after acquiring an additional 48,165 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter worth $397,940,000. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Mega Cap Growth ETF by 399.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,554,068 shares of the company’s stock worth $312,423,000 after purchasing an additional 2,842,779 shares in the last quarter. Angeles Wealth Management LLC boosted its position in shares of Vanguard Mega Cap Growth ETF by 1.5% during the 3rd quarter. Angeles Wealth Management LLC now owns 2,912,914 shares of the company’s stock worth $269,899,000 after purchasing an additional 43,353 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in shares of Vanguard Mega Cap Growth ETF by 2.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 531,713 shares of the company’s stock worth $195,372,000 after purchasing an additional 14,064 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 1.0%

Shares of NYSEARCA:MGK traded down $0.84 on Friday, reaching $85.79. 772,319 shares of the company were exchanged, compared to its average volume of 1,965,430. Vanguard Mega Cap Growth ETF has a 1-year low of $70.32 and a 1-year high of $95.53. The firm has a market cap of $32.43 billion, a price-to-earnings ratio of 28.83 and a beta of 1.25. The company has a 50-day moving average of $90.37 and a 200-day moving average of $85.52.

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.