Vanguard Mega Cap Growth ETF $MGK Shares Bought by Westmount Partners LLC

Westmount Partners LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 398.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,906 shares of the company’s stock after buying an additional 7,121 shares during the period. Westmount Partners LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $783,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Cornerstone Wealth Group LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF during the 1st quarter worth $3,191,000. Leelyn Smith LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 6.1% in the first quarter. Leelyn Smith LLC now owns 152,036 shares of the company’s stock valued at $55,864,000 after purchasing an additional 8,770 shares during the period. WNY Asset Management LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the first quarter valued at about $3,133,000. Kestra Advisory Services LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 61.1% during the first quarter. Kestra Advisory Services LLC now owns 70,315 shares of the company’s stock worth $25,836,000 after buying an additional 26,681 shares in the last quarter. Finally, Diversify Wealth Management LLC purchased a new stake in Vanguard Mega Cap Growth ETF during the first quarter worth about $6,372,000.

Vanguard Mega Cap Growth ETF Trading Down 0.1%

Shares of MGK opened at $90.01 on Friday. Vanguard Mega Cap Growth ETF has a twelve month low of $70.32 and a twelve month high of $92.38. The firm has a market capitalization of $33.86 billion, a P/E ratio of 37.33 and a beta of 1.24. The firm’s 50-day moving average is $87.56 and its two-hundred day moving average is $82.92.

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.