Baring Financial LLC Has $9.71 Million Stake in Vanguard Mega Cap Growth ETF $MGK

Baring Financial LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 380.3% during the second quarter, Holdings Channel.com reports. The institutional investor owned 110,432 shares of the company’s stock after acquiring an additional 87,442 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for approximately 5.3% of Baring Financial LLC’s portfolio, making the stock its 3rd largest position. Baring Financial LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $9,708,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. First Horizon Corp boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 0.7% during the 4th quarter. First Horizon Corp now owns 3,383 shares of the company’s stock worth $1,396,000 after buying an additional 25 shares during the period. TFR Capital LLC. raised its holdings in Vanguard Mega Cap Growth ETF by 2.7% in the 4th quarter. TFR Capital LLC. now owns 961 shares of the company’s stock valued at $397,000 after acquiring an additional 25 shares during the period. New England Capital Financial Advisors LLC raised its holdings in Vanguard Mega Cap Growth ETF by 16.9% in the 4th quarter. New England Capital Financial Advisors LLC now owns 173 shares of the company’s stock valued at $71,000 after acquiring an additional 25 shares during the period. Sequoia Financial Advisors LLC lifted its position in Vanguard Mega Cap Growth ETF by 1.8% during the fourth quarter. Sequoia Financial Advisors LLC now owns 1,487 shares of the company’s stock worth $614,000 after acquiring an additional 26 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its position in Vanguard Mega Cap Growth ETF by 18.0% during the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 177 shares of the company’s stock worth $73,000 after acquiring an additional 27 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 0.9%

Shares of NYSEARCA:MGK opened at $90.79 on Friday. Vanguard Mega Cap Growth ETF has a 12-month low of $70.32 and a 12-month high of $92.38. The business has a 50 day moving average of $87.55 and a 200-day moving average of $82.98. The stock has a market cap of $34.16 billion, a PE ratio of 37.33 and a beta of 1.24.

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.