ETF Portfolio Partners Inc. Boosts Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

ETF Portfolio Partners Inc. lifted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 76.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 91,847 shares of the company’s stock after purchasing an additional 39,670 shares during the period. Vanguard Mega Cap Growth ETF accounts for 9.5% of ETF Portfolio Partners Inc.’s holdings, making the stock its 4th biggest position. ETF Portfolio Partners Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $31,541,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Peterson Financial Group Inc. purchased a new stake in Vanguard Mega Cap Growth ETF in the third quarter worth approximately $33,000. Copley Financial Group Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter worth $33,000. Bfsg LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 386.7% in the third quarter. Bfsg LLC now owns 146 shares of the company’s stock worth $47,000 after acquiring an additional 116 shares during the period. Massmutual Trust Co. FSB ADV purchased a new stake in Vanguard Mega Cap Growth ETF during the third quarter valued at $48,000. Finally, Valley National Advisers Inc. bought a new position in Vanguard Mega Cap Growth ETF in the third quarter valued at about $55,000.

Vanguard Mega Cap Growth ETF Stock Down 0.6 %

Vanguard Mega Cap Growth ETF stock opened at $353.62 on Monday. The business has a 50-day simple moving average of $346.42 and a two-hundred day simple moving average of $327.23. Vanguard Mega Cap Growth ETF has a 52-week low of $265.99 and a 52-week high of $358.61. The company has a market cap of $23.41 billion, a P/E ratio of 42.92 and a beta of 1.28.

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.