Titleist Asset Management LLC Boosts Stake in Vanguard Mega Cap Growth ETF $MGK

Titleist Asset Management LLC boosted its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 4,690.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 162,099 shares of the company’s stock after purchasing an additional 158,715 shares during the quarter. Vanguard Mega Cap Growth ETF comprises 1.0% of Titleist Asset Management LLC’s investment portfolio, making the stock its 22nd biggest position. Titleist Asset Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $15,018,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Glen Eagle Advisors LLC bought a new stake in Vanguard Mega Cap Growth ETF during the fourth quarter valued at $48,000. Cardiff Park Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF in the 1st quarter worth about $46,000. Nalls Sherbakoff Group LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at about $62,000. MBM Wealth Consultants LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the 1st quarter valued at about $64,000. Finally, MV Capital Management Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at about $79,000.

Vanguard Mega Cap Growth ETF Trading Down 1.6%

Shares of NYSEARCA MGK traded down $1.50 during midday trading on Thursday, hitting $93.42. 764,980 shares of the company’s stock were exchanged, compared to its average volume of 2,004,371. The business’s fifty day moving average price is $90.57 and its two-hundred day moving average price is $86.73. The company has a market cap of $35.15 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a 12-month low of $70.32 and a 12-month high of $95.53.

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.