Mather Group LLC. Makes New $4.75 Million Investment in Vanguard Mega Cap Growth ETF $MGK

Mather Group LLC. bought a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund bought 51,280 shares of the company’s stock, valued at approximately $4,751,000.

Several other institutional investors and hedge funds also recently made changes to their positions in MGK. Elevation Wealth Partners LLC boosted its position in shares of Vanguard Mega Cap Growth ETF by 400.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 300 shares of the company’s stock worth $26,000 after purchasing an additional 240 shares during the last quarter. Triumph Capital Management grew its stake in shares of Vanguard Mega Cap Growth ETF by 398.5% during the second quarter. Triumph Capital Management now owns 334 shares of the company’s stock worth $29,000 after purchasing an additional 267 shares during the period. Noble Wealth Management PBC grew its stake in shares of Vanguard Mega Cap Growth ETF by 400.0% during the second quarter. Noble Wealth Management PBC now owns 350 shares of the company’s stock worth $31,000 after purchasing an additional 280 shares during the period. GoalVest Advisory LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the second quarter worth $35,000. Finally, Montgomery Financial Services LLC bought a new stake in Vanguard Mega Cap Growth ETF in the second quarter valued at about $36,000.

Vanguard Mega Cap Growth ETF Trading Down 0.2%

NYSEARCA MGK opened at $92.07 on Friday. The stock has a 50-day simple moving average of $91.18 and a 200 day simple moving average of $87.57. The company has a market capitalization of $34.64 billion, a PE ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a 12 month low of $70.32 and a 12 month high of $95.53.

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.