Vanguard Mega Cap Growth ETF·Financial Services

Excitement for high-profile stock splits has played a role in lifting the broader market to new heights. Five of Vanguard's 113 U.S.-listed ETFs will undergo forward stock splits in less than two weeks.

The Nasdaq-100 technology index recently entered correction territory amid ongoing tensions in the Middle East. The Vanguard Mega Cap Growth ETF exclusively invests in 60 of the largest U.S. companies; its top three holdings are Nvidia, Apple, and Alphabet.

The Vanguard S&P 500 Growth ETF and the Vanguard Mega-Cap Growth ETF will undergo 6-for-1 stock splits on April 21. These Vanguard index funds are heavily weighted toward the technology sector, and they crushed the S&P 500 during the cloud computing boom.

This exchange-traded fund (ETF) has endured significant selloffs in recent years. The volatility has been a net positive for investors, as the ETF has produced monster gains.

AA Financial Advisors LLC bought a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,681 shares of the company's stock, valued at approximately $694,000. Several other institutional investors

IWO carries a higher fee but offers a slightly higher dividend yield. IWO targets small-cap growth stocks with a strong healthcare and industrials tilt, while MGK focuses on mega-cap tech giants.
Seeks to track the performance of the CRSP US Mega Cap Growth Index.Employs a passively managed, full-replication approach.Provides a convenient way to get diversified exposure to the largest growth stocks in the U.S. market.With respect to 75% of its total assets, the fund may not: (1) purchase more than 10% of the outstanding voting securities of any one issuer or (2) purchase securities of any issuer if, as a result, more than 5% of the fund’s total assets would be invested in that issuer’s securities; except as may be necessary to approximate the composition of its target index. This limitation does not apply to obligations of the U.S. government or its agencies or instrumentalities.
Financial Services
Asset Management
2007-12-27
1.17
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