Vontobel Holding Ltd. Grows Stock Position in Vanguard Mega Cap Growth ETF $MGK

Vontobel Holding Ltd. boosted its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 7.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,568 shares of the company’s stock after buying an additional 259 shares during the quarter. Vontobel Holding Ltd.’s holdings in Vanguard Mega Cap Growth ETF were worth $1,306,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Sequoia Financial Advisors LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the first quarter valued at $217,000. Brown Advisory Inc. grew its position in shares of Vanguard Mega Cap Growth ETF by 7.3% in the first quarter. Brown Advisory Inc. now owns 4,601 shares of the company’s stock valued at $1,421,000 after purchasing an additional 315 shares in the last quarter. QRG Capital Management Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF in the first quarter valued at $464,000. Park Avenue Securities LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 23.0% in the first quarter. Park Avenue Securities LLC now owns 1,826 shares of the company’s stock valued at $564,000 after purchasing an additional 341 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Vanguard Mega Cap Growth ETF by 0.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 184,669 shares of the company’s stock valued at $57,041,000 after purchasing an additional 969 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA MGK opened at $394.96 on Monday. The stock has a market cap of $30.61 billion, a PE ratio of 37.33 and a beta of 1.11. Vanguard Mega Cap Growth ETF has a fifty-two week low of $262.65 and a fifty-two week high of $410.01. The stock has a fifty day moving average of $392.04 and a 200-day moving average of $357.74.

Vanguard Mega Cap Growth ETF 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.