606,266 Shares in Vanguard Mega Cap Growth ETF $MGK Bought by Hengehold Capital Management LLC

Hengehold Capital Management LLC purchased a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 606,266 shares of the company’s stock, valued at approximately $56,171,000. Vanguard Mega Cap Growth ETF accounts for about 4.4% of Hengehold Capital Management LLC’s holdings, making the stock its 2nd biggest holding.

Several other institutional investors have also recently added to or reduced their stakes in MGK. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 399.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,554,068 shares of the company’s stock worth $312,423,000 after buying an additional 2,842,779 shares in the last quarter. Angeles Wealth Management LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 402.4% during the 2nd quarter. Angeles Wealth Management LLC now owns 2,869,561 shares of the company’s stock worth $252,281,000 after buying an additional 2,298,377 shares during the period. Praetorian Wealth Management Inc. grew its position in shares of Vanguard Mega Cap Growth ETF by 407.9% during the 2nd quarter. Praetorian Wealth Management Inc. now owns 855,232 shares of the company’s stock worth $75,183,000 after buying an additional 686,835 shares during the period. Beacon Capital Management LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 292.1% during the 2nd quarter. Beacon Capital Management LLC now owns 530,802 shares of the company’s stock worth $46,663,000 after buying an additional 395,439 shares during the period. Finally, FC Advisory LLC increased its stake 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 acquiring an additional 365,775 shares in the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA:MGK traded down $2.07 during mid-day trading on Friday, hitting $90.00. The company had a trading volume of 1,366,160 shares, compared to its average volume of 1,981,593. The firm has a fifty day moving average price of $91.16 and a 200 day moving average price of $87.59. The company has a market capitalization of $33.86 billion, a PE ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a one year low of $70.32 and a one year high of $95.53.

Vanguard Mega Cap Growth ETF Company 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.