Gateway Wealth Partners LLC Acquires 107 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Gateway Wealth Partners LLC boosted its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,330 shares of the company’s stock after buying an additional 107 shares during the period. Gateway Wealth Partners LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,046,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Aveo Capital Partners LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 6.7% during the fourth quarter. Aveo Capital Partners LLC now owns 4,170 shares of the company’s stock valued at $1,082,000 after purchasing an additional 263 shares during the period. Corient Private Wealth LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 165.8% during the fourth quarter. Corient Private Wealth LLC now owns 3,913 shares of the company’s stock valued at $1,015,000 after purchasing an additional 2,441 shares during the period. Franklin Resources Inc. increased its position in shares of Vanguard Mega Cap Growth ETF by 458.0% during the fourth quarter. Franklin Resources Inc. now owns 7,895 shares of the company’s stock valued at $2,049,000 after purchasing an additional 6,480 shares during the period. Focus Financial Network Inc. ADV bought a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at approximately $308,000. Finally, Belpointe Asset Management LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 158.8% during the fourth quarter. Belpointe Asset Management LLC now owns 3,457 shares of the company’s stock valued at $897,000 after purchasing an additional 2,121 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA:MGK opened at $320.36 on Monday. The business’s fifty day moving average price is $308.90 and its two-hundred day moving average price is $300.75. Vanguard Mega Cap Growth ETF has a fifty-two week low of $218.10 and a fifty-two week high of $330.36. The stock has a market capitalization of $21.20 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28.

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.