Vanguard Mega Cap Growth ETF $MGK is Rolek Wealth Management LLC’s 9th Largest Position

Rolek Wealth Management LLC raised its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 11.2% in the second quarter, Holdings Channel reports. The institutional investor owned 2,148 shares of the company’s stock after buying an additional 216 shares during the quarter. Vanguard Mega Cap Growth ETF comprises about 0.7% of Rolek Wealth Management LLC’s portfolio, making the stock its 9th biggest position. Rolek Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $786,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in MGK. Venture Visionary Partners LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 3.9% during the first quarter. Venture Visionary Partners LLC now owns 806 shares of the company’s stock worth $249,000 after purchasing an additional 30 shares in the last quarter. Perigon Wealth Management LLC lifted its position in Vanguard Mega Cap Growth ETF by 2.8% in the 2nd quarter. Perigon Wealth Management LLC now owns 1,170 shares of the company’s stock worth $428,000 after buying an additional 32 shares during the last quarter. Wood Tarver Financial Group LLC lifted its position in Vanguard Mega Cap Growth ETF by 17.9% in the 1st quarter. Wood Tarver Financial Group LLC now owns 231 shares of the company’s stock worth $71,000 after buying an additional 35 shares during the last quarter. Baker Avenue Asset Management LP lifted its position in Vanguard Mega Cap Growth ETF by 2.9% in the 1st quarter. Baker Avenue Asset Management LP now owns 1,259 shares of the company’s stock worth $389,000 after buying an additional 35 shares during the last quarter. Finally, Koshinski Asset Management Inc. lifted its position in Vanguard Mega Cap Growth ETF by 1.5% in the 1st quarter. Koshinski Asset Management Inc. now owns 2,698 shares of the company’s stock worth $833,000 after buying an additional 39 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA:MGK opened at $402.42 on Wednesday. The business has a 50 day moving average of $387.83 and a 200 day moving average of $352.62. The company has a market capitalization of $29.86 billion, a price-to-earnings ratio of 37.33 and a beta of 1.11. Vanguard Mega Cap Growth ETF has a 1-year low of $262.65 and a 1-year high of $405.86.

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.