Westmount Partners LLC Grows Stock Holdings in Vanguard Mega Cap Growth ETF $MGK

Westmount Partners LLC boosted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 398.9% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,906 shares of the company’s stock after acquiring an additional 7,121 shares during the period. Westmount Partners LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $783,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ancora Advisors LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 88.6% in the 3rd 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 last quarter. IFC & Insurance Marketing Inc. acquired a new position in shares of Vanguard Mega Cap Growth ETF in the fourth quarter valued at approximately $32,000. Costello Asset Management INC raised its stake in shares of Vanguard Mega Cap Growth ETF by 116.3% during the fourth quarter. Costello Asset Management INC now owns 93 shares of the company’s stock worth $39,000 after purchasing an additional 50 shares during the last quarter. Newbridge Financial Services Group Inc. raised its stake in shares of Vanguard Mega Cap Growth ETF by 350.0% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 99 shares of the company’s stock worth $41,000 after purchasing an additional 77 shares during the last quarter. Finally, Birchbrook Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter worth $43,000.

Vanguard Mega Cap Growth ETF Price Performance

NYSEARCA:MGK opened at $90.01 on Friday. The firm’s fifty day moving average price is $87.56 and its 200 day moving average price is $82.92. Vanguard Mega Cap Growth ETF has a 1-year low of $70.32 and a 1-year high of $92.38. The firm has a market cap of $33.86 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24.

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.