Darwin Wealth Management LLC Invests $14.06 Million in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Darwin Wealth Management LLC bought a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 43,674 shares of the company’s stock, valued at approximately $14,061,000. Vanguard Mega Cap Growth ETF makes up 3.9% of Darwin Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest position.

Other large investors have also modified their holdings of the company. Gateway Wealth Partners LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 0.9% in the 3rd quarter. Gateway Wealth Partners LLC now owns 3,361 shares of the company’s stock worth $1,082,000 after buying an additional 31 shares during the last quarter. CGN Advisors LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 5.4% in the second quarter. CGN Advisors LLC now owns 796 shares of the company’s stock worth $250,000 after acquiring an additional 41 shares during the last quarter. Csenge Advisory Group boosted its stake in Vanguard Mega Cap Growth ETF by 0.9% in the second quarter. Csenge Advisory Group now owns 4,574 shares of the company’s stock valued at $1,437,000 after acquiring an additional 42 shares during the period. Strategic Blueprint LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 2.2% during the third quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock valued at $622,000 after purchasing an additional 42 shares during the last quarter. Finally, First Financial Bankshares Inc grew its holdings in shares of Vanguard Mega Cap Growth ETF by 6.0% during the third quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock valued at $250,000 after purchasing an additional 44 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 1.0 %

Shares of NYSEARCA MGK opened at $335.88 on Wednesday. Vanguard Mega Cap Growth ETF has a 12-month low of $246.18 and a 12-month high of $342.22. The company has a market cap of $22.23 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The stock’s 50 day simple moving average is $325.16 and its 200 day simple moving average is $312.79.

About Vanguard Mega Cap Growth ETF

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.