Compass Financial Management LLC Invests $2.15 Million in Vanguard Mega Cap Growth ETF $MGK

Compass Financial Management LLC bought a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 24,295 shares of the company’s stock, valued at approximately $2,151,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Elevation Wealth Partners LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 400.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 300 shares of the company’s stock worth $26,000 after purchasing an additional 240 shares in the last quarter. Ancora Advisors LLC grew its holdings in Vanguard Mega Cap Growth ETF by 88.6% during the 3rd quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after buying an additional 31 shares in the last quarter. Noble Wealth Management PBC grew its holdings in Vanguard Mega Cap Growth ETF by 400.0% during the 2nd quarter. Noble Wealth Management PBC now owns 350 shares of the company’s stock valued at $31,000 after buying an additional 280 shares in the last quarter. IFC & Insurance Marketing Inc. purchased a new stake in Vanguard Mega Cap Growth ETF during the 4th quarter valued at approximately $32,000. Finally, GoalVest Advisory LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF during the second quarter valued at approximately $35,000.

Vanguard Mega Cap Growth ETF Stock Performance

MGK stock opened at $88.95 on Friday. Vanguard Mega Cap Growth ETF has a one year low of $70.32 and a one year high of $92.38. The company’s fifty day moving average price is $87.81 and its 200-day moving average price is $83.57. The company has a market capitalization of $33.46 billion, a PE ratio of 37.33 and a beta of 1.24.

Vanguard Mega Cap Growth ETF Company 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.