Mather Group LLC. Buys New Holdings in Vanguard Mega Cap Growth ETF $MGK

Mather Group LLC. bought a new position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 3rd quarter, HoldingsChannel reports. The firm bought 51,280 shares of the company’s stock, valued at approximately $4,751,000.

Several other hedge funds also recently bought and sold shares of MGK. Envestnet Asset Management Inc. boosted its position in shares of Vanguard Mega Cap Growth ETF by 399.7% during the second quarter. Envestnet Asset Management Inc. now owns 3,554,068 shares of the company’s stock worth $312,423,000 after purchasing an additional 2,842,779 shares in the last quarter. Angeles Wealth Management LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 402.4% in the 2nd quarter. Angeles Wealth Management LLC now owns 2,869,561 shares of the company’s stock valued at $252,281,000 after buying an additional 2,298,377 shares during the period. Praetorian Wealth Management Inc. grew its holdings in shares of Vanguard Mega Cap Growth ETF by 407.9% in the 2nd quarter. Praetorian Wealth Management Inc. now owns 855,232 shares of the company’s stock valued at $75,183,000 after buying an additional 686,835 shares during the period. Beacon Capital Management LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 292.1% in the 2nd quarter. Beacon Capital Management LLC now owns 530,802 shares of the company’s stock valued at $46,663,000 after buying an additional 395,439 shares in the last quarter. Finally, FC Advisory LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 392.2% in the 2nd quarter. FC Advisory LLC now owns 459,040 shares of the company’s stock valued at $40,354,000 after buying an additional 365,775 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.2%

Shares of Vanguard Mega Cap Growth ETF stock opened at $92.07 on Friday. The company has a market capitalization of $34.64 billion, a PE 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. The stock’s fifty day simple moving average is $91.18 and its 200 day simple moving average is $87.57.

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.