Compass Financial Management LLC Invests $2.15 Million in Vanguard Mega Cap Growth ETF $MGK

Compass Financial Management LLC purchased a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 24,295 shares of the company’s stock, valued at approximately $2,151,000.

Other large investors have also made changes to their positions in the company. Brighton Jones LLC grew its stake in Vanguard Mega Cap Growth ETF by 139.5% in the fourth quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock valued at $518,000 after acquiring an additional 879 shares during the period. AQR Capital Management LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 127.3% during the first quarter. AQR Capital Management LLC now owns 3,830 shares of the company’s stock worth $1,183,000 after purchasing an additional 2,145 shares during the period. Goldman Sachs Group Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 1.4% during the first quarter. Goldman Sachs Group Inc. now owns 107,285 shares of the company’s stock worth $33,138,000 after purchasing an additional 1,483 shares during the period. Russell Investments Group Ltd. lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 12.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,117 shares of the company’s stock valued at $775,000 after purchasing an additional 233 shares in the last quarter. Finally, Invesco Ltd. bought a new position in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter valued at about $238,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $90.23 on Friday. The stock has a 50 day simple moving average of $88.36 and a 200 day simple moving average of $84.33. Vanguard Mega Cap Growth ETF has a 52-week low of $70.32 and a 52-week high of $92.38. The firm has a market capitalization of $33.94 billion, a PE 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.