Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Purchased by Zhang Financial LLC

Zhang Financial LLC boosted its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,866 shares of the company’s stock after acquiring an additional 320 shares during the quarter. Zhang Financial LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $4,043,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Assetmark Inc. raised its position in Vanguard Mega Cap Growth ETF by 3.7% in the fourth quarter. Assetmark Inc. now owns 6,890,694 shares of the company’s stock valued at $1,788,204,000 after purchasing an additional 248,776 shares during the period. Kensington Asset Management LLC raised its position in Vanguard Mega Cap Growth ETF by 4.5% in the first quarter. Kensington Asset Management LLC now owns 461,700 shares of the company’s stock valued at $132,328,000 after purchasing an additional 20,000 shares during the period. Angeles Wealth Management LLC raised its position in Vanguard Mega Cap Growth ETF by 20.7% in the first quarter. Angeles Wealth Management LLC now owns 420,090 shares of the company’s stock valued at $120,402,000 after purchasing an additional 71,979 shares during the period. Commonwealth Equity Services LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 0.9% during the first quarter. Commonwealth Equity Services LLC now owns 257,769 shares of the company’s stock worth $73,879,000 after acquiring an additional 2,291 shares during the last quarter. Finally, Facet Wealth Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the first quarter worth about $70,804,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA MGK traded up $1.52 during midday trading on Monday, reaching $314.51. 125,296 shares of the company’s stock were exchanged, compared to its average volume of 336,780. Vanguard Mega Cap Growth ETF has a 52-week low of $218.10 and a 52-week high of $330.36. The stock has a market capitalization of $20.82 billion, a PE ratio of 42.92 and a beta of 1.28. The business’s fifty day moving average price is $311.08 and its two-hundred day moving average price is $293.82.

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.