Blue Edge Capital LLC Takes Position in Vanguard Mega Cap Growth ETF $MGK

Blue Edge Capital LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 409,912 shares of the company’s stock, valued at approximately $36,035,000. Vanguard Mega Cap Growth ETF comprises approximately 4.3% of Blue Edge Capital LLC’s holdings, making the stock its 5th biggest position.

Other hedge funds have also bought and sold shares of the company. Cassaday & Co Wealth Management LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 1.3% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 3,719,368 shares of the company’s stock valued at $1,366,645,000 after purchasing an additional 48,165 shares during the period. Morgan Stanley increased its position in Vanguard Mega Cap Growth ETF by 11.7% in the fourth quarter. Morgan Stanley now owns 2,651,172 shares of the company’s stock worth $1,094,325,000 after buying an additional 277,446 shares in the last quarter. Captrust Financial Advisors raised its stake in shares of Vanguard Mega Cap Growth ETF by 0.9% in the second quarter. Captrust Financial Advisors now owns 1,668,738 shares of the company’s stock worth $611,042,000 after buying an additional 15,432 shares during the period. LPL Financial LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 0.4% in the fourth quarter. LPL Financial LLC now owns 1,173,852 shares of the company’s stock worth $484,531,000 after buying an additional 5,134 shares during the period. Finally, UBS Group AG lifted its position in shares of Vanguard Mega Cap Growth ETF by 12.6% during the 3rd quarter. UBS Group AG now owns 1,090,923 shares of the company’s stock valued at $439,009,000 after buying an additional 122,275 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 1.8%

Vanguard Mega Cap Growth ETF stock opened at $90.48 on Friday. Vanguard Mega Cap Growth ETF has a 12-month low of $70.32 and a 12-month high of $92.38. The firm has a market capitalization of $34.04 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24. The firm has a 50 day moving average of $87.87 and a 200 day moving average of $83.89.

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.