Vanguard Mega Cap Growth ETF $MGK Stock: Leelyn Smith LLC Raises Stake

Leelyn Smith LLC raised its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 818,471 shares of the company’s stock after purchasing an additional 24,866 shares during the period. Vanguard Mega Cap Growth ETF accounts for approximately 8.4% of Leelyn Smith LLC’s holdings, making the stock its biggest position. Leelyn Smith LLC owned approximately 0.22% of Vanguard Mega Cap Growth ETF worth $75,831,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC grew its position in Vanguard Mega Cap Growth ETF by 1.3% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 3,719,368 shares of the company’s stock worth $1,366,645,000 after purchasing an additional 48,165 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF during the third quarter valued at approximately $397,940,000. Envestnet Asset Management Inc. raised its holdings 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 last quarter. Angeles Wealth Management LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 1.5% during the third quarter. Angeles Wealth Management LLC now owns 2,912,914 shares of the company’s stock valued at $269,899,000 after buying an additional 43,353 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in shares of Vanguard Mega Cap Growth ETF by 2.7% during the first quarter. PNC Financial Services Group Inc. now owns 531,713 shares of the company’s stock worth $195,372,000 after buying an additional 14,064 shares during the period.

Vanguard Mega Cap Growth ETF Trading Up 1.1%

Shares of NYSEARCA MGK opened at $83.64 on Friday. Vanguard Mega Cap Growth ETF has a 12-month low of $70.32 and a 12-month high of $95.53. The company has a market cap of $31.61 billion, a PE ratio of 28.83 and a beta of 1.25. The stock has a 50 day simple moving average of $90.74 and a 200-day simple moving average of $85.41.

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.