Blackston Financial Advisory Group LLC Has $18.09 Million Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Blackston Financial Advisory Group LLC raised its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 8.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 52,685 shares of the company’s stock after buying an additional 3,936 shares during the period. Vanguard Mega Cap Growth ETF comprises about 9.0% of Blackston Financial Advisory Group LLC’s holdings, making the stock its 2nd largest position. Blackston Financial Advisory Group LLC owned approximately 0.08% of Vanguard Mega Cap Growth ETF worth $18,092,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Pittenger & Anderson Inc. increased its holdings in Vanguard Mega Cap Growth ETF by 25.0% during the fourth quarter. Pittenger & Anderson Inc. now owns 150 shares of the company’s stock worth $52,000 after buying an additional 30 shares during the last quarter. Gateway Wealth Partners LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 0.9% in the 3rd quarter. Gateway Wealth Partners LLC now owns 3,361 shares of the company’s stock worth $1,082,000 after purchasing an additional 31 shares during the period. U.S. Capital Wealth Advisors LLC lifted its stake in Vanguard Mega Cap Growth ETF by 1.7% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 1,941 shares of the company’s stock valued at $667,000 after purchasing an additional 33 shares during the last quarter. Strategic Blueprint LLC grew its holdings in Vanguard Mega Cap Growth ETF by 2.2% during the third quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock valued at $622,000 after purchasing an additional 42 shares during the period. Finally, First Financial Bankshares Inc raised its stake in shares of Vanguard Mega Cap Growth ETF by 6.0% in the third quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock valued at $250,000 after buying an additional 44 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

MGK stock opened at $347.93 on Friday. The stock has a fifty day moving average of $349.67 and a 200-day moving average of $332.87. Vanguard Mega Cap Growth ETF has a fifty-two week low of $266.99 and a fifty-two week high of $358.64. The company has a market capitalization of $25.55 billion, a price-to-earnings ratio of 41.72 and a beta of 1.13.

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.