Sharkey Howes & Javer Purchases New Holdings in Vanguard Mega Cap Growth ETF $MGK

Sharkey Howes & Javer bought a new position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 40,758 shares of the company’s stock, valued at approximately $3,776,000.

Several other institutional investors and hedge funds have also recently modified their holdings of MGK. Envestnet Asset Management Inc. raised 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 acquiring an additional 2,842,779 shares in the last quarter. Angeles Wealth Management LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 402.4% in the 2nd quarter. Angeles Wealth Management LLC now owns 2,869,561 shares of the company’s stock worth $252,281,000 after acquiring an additional 2,298,377 shares during the last quarter. Praetorian Wealth Management Inc. boosted its position in shares of Vanguard Mega Cap Growth ETF by 407.9% during the second quarter. Praetorian Wealth Management Inc. now owns 855,232 shares of the company’s stock valued at $75,183,000 after buying an additional 686,835 shares during the period. Hengehold Capital Management LLC purchased a new position in Vanguard Mega Cap Growth ETF during the 3rd quarter valued at $56,171,000. Finally, Beacon Capital Management LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 292.1% in the second quarter. Beacon Capital Management LLC now owns 530,802 shares of the company’s stock worth $46,663,000 after purchasing an additional 395,439 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 2.8%

Shares of NYSEARCA:MGK opened at $89.06 on Friday. Vanguard Mega Cap Growth ETF has a 52-week low of $70.32 and a 52-week high of $95.53. The business’s 50 day moving average is $91.17 and its 200 day moving average is $88.17. The stock has a market cap of $33.51 billion, a P/E ratio of 37.33 and a beta of 1.24.

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.