Vanguard Mega Cap Growth ETF $MGK Shares Bought by Baring Financial LLC

Baring Financial LLC grew its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 380.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,432 shares of the company’s stock after acquiring an additional 87,442 shares during the period. Vanguard Mega Cap Growth ETF accounts for approximately 5.3% of Baring Financial LLC’s holdings, making the stock its 3rd largest position. Baring Financial LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $9,708,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Elevation Wealth Partners LLC boosted its position in Vanguard Mega Cap Growth ETF by 400.0% during the second quarter. Elevation Wealth Partners LLC now owns 300 shares of the company’s stock valued at $26,000 after purchasing an additional 240 shares during the last quarter. Ancora Advisors LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 88.6% during the 3rd quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock worth $27,000 after purchasing an additional 31 shares during the last quarter. Noble Wealth Management PBC increased its position in shares of Vanguard Mega Cap Growth ETF by 400.0% during the 2nd 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 last quarter. IFC & Insurance Marketing Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $32,000. Finally, Costello Asset Management INC raised its stake in shares of Vanguard Mega Cap Growth ETF by 116.3% during the 4th quarter. Costello Asset Management INC now owns 93 shares of the company’s stock worth $39,000 after purchasing an additional 50 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 0.9%

NYSEARCA MGK opened at $90.79 on Friday. The company has a market cap of $34.16 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 $92.38. The stock has a 50 day moving average of $87.55 and a 200-day moving average of $82.98.

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.