CX Institutional Raises Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

CX Institutional increased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 8.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 141,755 shares of the company’s stock after buying an additional 10,778 shares during the period. Vanguard Mega Cap Growth ETF accounts for about 2.0% of CX Institutional’s investment portfolio, making the stock its 3rd biggest position. CX Institutional owned about 0.21% of Vanguard Mega Cap Growth ETF worth $45,638,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mather Group LLC. increased its stake in Vanguard Mega Cap Growth ETF by 69.9% during the first quarter. Mather Group LLC. now owns 2,791 shares of the company’s stock worth $800,000 after acquiring an additional 1,148 shares during the last quarter. VitalStone Financial LLC boosted its position in shares of Vanguard Mega Cap Growth ETF by 1,738.5% during the second quarter. VitalStone Financial LLC now owns 478 shares of the company’s stock valued at $150,000 after buying an additional 452 shares during the period. Retirement Guys Formula LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the first quarter valued at approximately $249,000. Russell Investments Group Ltd. purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the first quarter worth approximately $533,000. Finally, Tidal Investments LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF in the first quarter worth approximately $1,167,000.

Vanguard Mega Cap Growth ETF Stock Up 0.9 %

MGK opened at $328.11 on Tuesday. The business has a fifty day moving average of $313.05 and a 200 day moving average of $303.44. The stock has a market cap of $21.72 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 52-week low of $218.10 and a 52-week high of $330.36.

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.