Praetorian Wealth Management Inc. Increases Stock Holdings in Vanguard Mega Cap Growth ETF $MGK

Praetorian Wealth Management Inc. grew its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 407.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 855,232 shares of the company’s stock after purchasing an additional 686,835 shares during the period. Vanguard Mega Cap Growth ETF comprises approximately 13.0% of Praetorian Wealth Management Inc.’s holdings, making the stock its largest holding. Praetorian Wealth Management Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $75,183,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ancora Advisors LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 88.6% during the third quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock valued at $27,000 after purchasing an additional 31 shares during the period. IFC & Insurance Marketing Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF in the fourth quarter worth about $32,000. Costello Asset Management INC increased its stake in Vanguard Mega Cap Growth ETF by 116.3% in the 4th quarter. Costello Asset Management INC now owns 93 shares of the company’s stock worth $39,000 after buying an additional 50 shares during the period. Newbridge Financial Services Group Inc. increased its stake in Vanguard Mega Cap Growth ETF by 350.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 99 shares of the company’s stock worth $41,000 after buying an additional 77 shares during the period. Finally, Birchbrook Inc. purchased a new position in Vanguard Mega Cap Growth ETF in the 4th quarter worth about $43,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of MGK opened at $90.01 on Friday. The firm has a market capitalization of $33.86 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a 1-year low of $70.32 and a 1-year high of $92.38. The company has a 50-day moving average of $87.56 and a 200 day moving average of $82.92.

Vanguard Mega Cap Growth ETF 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.