Breakwater Capital Group Purchases 43,539 Shares of Vanguard Mega Cap Growth ETF $MGK

Breakwater Capital Group grew its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 420.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 53,888 shares of the company’s stock after buying an additional 43,539 shares during the period. Breakwater Capital Group’s holdings in Vanguard Mega Cap Growth ETF were worth $4,737,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MGK. Praetorian Wealth Management Inc. lifted its holdings in Vanguard Mega Cap Growth ETF by 407.9% during the second quarter. Praetorian Wealth Management Inc. now owns 855,232 shares of the company’s stock worth $75,183,000 after acquiring an additional 686,835 shares in the last quarter. Morgan Stanley raised its position in shares of Vanguard Mega Cap Growth ETF by 11.7% during the fourth quarter. Morgan Stanley now owns 2,651,172 shares of the company’s stock worth $1,094,325,000 after purchasing an additional 277,446 shares during the period. CX Institutional raised its position in shares of Vanguard Mega Cap Growth ETF by 364.0% during the second quarter. CX Institutional now owns 344,313 shares of the company’s stock worth $30,269,000 after purchasing an additional 270,114 shares during the period. Fifth Third Bancorp lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 75,906.0% during the 1st quarter. Fifth Third Bancorp now owns 226,498 shares of the company’s stock valued at $83,225,000 after purchasing an additional 226,200 shares in the last quarter. Finally, Avior Wealth Management LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 393.4% during the 2nd quarter. Avior Wealth Management LLC now owns 267,463 shares of the company’s stock valued at $23,513,000 after purchasing an additional 213,258 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $90.79 on Friday. The stock has a 50 day simple moving average of $87.55 and a 200 day simple moving average of $82.98. Vanguard Mega Cap Growth ETF has a 52-week low of $70.32 and a 52-week high of $92.38. The firm has a market capitalization of $34.16 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.