WealthShield Partners LLC Purchases 367 Shares of Vanguard Mega Cap Growth ETF $MGK

WealthShield Partners LLC grew its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.8% in the second quarter, Holdings Channel reports. The institutional investor owned 45,473 shares of the company’s stock after buying an additional 367 shares during the period. Vanguard Mega Cap Growth ETF accounts for 2.0% of WealthShield Partners LLC’s holdings, making the stock its 4th biggest holding. WealthShield Partners LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $16,649,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in MGK. Brighton Jones LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 139.5% in the 4th quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock valued at $518,000 after purchasing an additional 879 shares in the last quarter. Bridgewater Advisors Inc. acquired a new position in Vanguard Mega Cap Growth ETF during the first quarter worth $205,000. Kingsview Wealth Management LLC raised its position in Vanguard Mega Cap Growth ETF by 2.0% in the first quarter. Kingsview Wealth Management LLC now owns 29,813 shares of the company’s stock worth $9,208,000 after acquiring an additional 597 shares in the last quarter. Retirement Planning Co of New England Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 1st quarter valued at about $247,000. Finally, JMG Financial Group Ltd. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 1st quarter valued at approximately $255,000.

Vanguard Mega Cap Growth ETF Price Performance

MGK opened at $408.56 on Friday. Vanguard Mega Cap Growth ETF has a 1-year low of $262.65 and a 1-year high of $426.80. The stock has a market cap of $31.67 billion, a P/E ratio of 37.33 and a beta of 1.18. The stock’s 50 day simple moving average is $405.80 and its 200 day simple moving average is $377.14.

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.