Beaumont Asset Management L.L.C. Acquires Shares of 1,679 Vanguard Mega Cap Growth ETF $MGK

Beaumont Asset Management L.L.C. purchased a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,679 shares of the company’s stock, valued at approximately $615,000.

Several other large investors have also modified their holdings of MGK. Brighton Jones LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 139.5% during the fourth quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock worth $518,000 after purchasing an additional 879 shares during the last quarter. Park Avenue Securities LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 23.0% during the first quarter. Park Avenue Securities LLC now owns 1,826 shares of the company’s stock worth $564,000 after purchasing an additional 341 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 143.2% during the first quarter. Farther Finance Advisors LLC now owns 8,046 shares of the company’s stock worth $2,505,000 after purchasing an additional 4,737 shares during the last quarter. CX Institutional lifted its position in shares of Vanguard Mega Cap Growth ETF by 3.1% during the first quarter. CX Institutional now owns 170,735 shares of the company’s stock worth $52,737,000 after purchasing an additional 5,152 shares during the last quarter. Finally, Redhawk Wealth Advisors Inc. lifted its position in shares of Vanguard Mega Cap Growth ETF by 6.4% during the first quarter. Redhawk Wealth Advisors Inc. now owns 7,475 shares of the company’s stock worth $2,309,000 after purchasing an additional 452 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK stock opened at $408.88 on Thursday. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year high of $408.88. The company’s 50-day simple moving average is $391.02 and its 200-day simple moving average is $356.13. The stock has a market capitalization of $31.69 billion, a price-to-earnings ratio of 37.33 and a beta of 1.11.

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.