Vanguard Mega Cap Growth ETF $MGK Shares Newly Acquired by Valen Private Capital LLC

Valen Private Capital LLC acquired a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 111,861 shares of the company’s stock, valued at approximately $10,364,000. Vanguard Mega Cap Growth ETF comprises 3.2% of Valen Private Capital LLC’s holdings, making the stock its 8th largest position.

A number of other institutional investors have also modified their holdings of MGK. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Mega Cap Growth ETF by 399.7% during the second quarter. Envestnet Asset Management Inc. now owns 3,554,068 shares of the company’s stock valued at $312,423,000 after buying an additional 2,842,779 shares during the period. Angeles Wealth Management LLC grew its stake in 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 period. Praetorian Wealth Management Inc. grew its stake in Vanguard Mega Cap Growth ETF by 407.9% in the 2nd quarter. Praetorian Wealth Management Inc. now owns 855,232 shares of the company’s stock worth $75,183,000 after acquiring an additional 686,835 shares during the period. Hengehold Capital Management LLC purchased a new stake in Vanguard Mega Cap Growth ETF in the 3rd quarter worth approximately $56,171,000. Finally, ETF Portfolio Partners Inc. acquired a new position in Vanguard Mega Cap Growth ETF in the 3rd quarter valued at $40,695,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $88.78 on Friday. The stock has a fifty day moving average of $91.13 and a two-hundred day moving average of $88.17. The company has a market capitalization of $33.41 billion, a PE ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a fifty-two week low of $70.32 and a fifty-two week 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.