HBK Sorce Advisory LLC Invests $923,000 in Vanguard Mega Cap Growth ETF $MGK

HBK Sorce Advisory LLC acquired a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,258 shares of the company’s stock, valued at approximately $923,000.

Other hedge funds have also bought and sold shares of the company. Dogwood Wealth Management LLC bought a new stake in Vanguard Mega Cap Growth ETF in the second quarter worth about $27,000. Harbor Asset Planning Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter worth $28,000. Atlantic Union Bankshares Corp purchased a new stake in Vanguard Mega Cap Growth ETF during the 2nd quarter worth about $30,000. Dynamic Wealth Strategies LLC bought a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter worth about $44,000. Finally, Smartleaf Asset Management LLC grew its holdings in 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 buying an additional 102 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.5%

MGK stock opened at $416.56 on Tuesday. The firm has a 50 day moving average of $412.75 and a 200-day moving average of $393.43. The firm has a market capitalization of $32.29 billion, a P/E ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 12 month low of $262.65 and a 12 month high of $426.80.

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.