Hoffman Alan N Investment Management Has $5.92 Million Stock Holdings in Vanguard Mega Cap Growth ETF $MGK

Hoffman Alan N Investment Management raised its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 420.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 67,302 shares of the company’s stock after buying an additional 54,381 shares during the period. Vanguard Mega Cap Growth ETF accounts for about 3.5% of Hoffman Alan N Investment Management’s portfolio, making the stock its 6th largest holding. Hoffman Alan N Investment Management’s holdings in Vanguard Mega Cap Growth ETF were worth $5,917,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 139.5% in the 4th quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock valued at $518,000 after acquiring an additional 879 shares in the last quarter. AQR Capital Management LLC boosted its position in Vanguard Mega Cap Growth ETF by 127.3% during the first quarter. AQR Capital Management LLC now owns 3,830 shares of the company’s stock valued at $1,183,000 after purchasing an additional 2,145 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in Vanguard Mega Cap Growth ETF by 1.4% in the first quarter. Goldman Sachs Group Inc. now owns 107,285 shares of the company’s stock valued at $33,138,000 after purchasing an additional 1,483 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Vanguard Mega Cap Growth ETF by 12.4% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,117 shares of the company’s stock worth $775,000 after purchasing an additional 233 shares during the last quarter. Finally, Invesco Ltd. bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $238,000.

Vanguard Mega Cap Growth ETF Trading Down 0.2%

NYSEARCA:MGK opened at $90.63 on Tuesday. The firm has a fifty day simple moving average of $87.52 and a 200 day simple moving average of $83.06. Vanguard Mega Cap Growth ETF has a 1-year low of $70.32 and a 1-year high of $92.38. The stock has a market capitalization of $34.10 billion, a PE ratio of 37.33 and a beta of 1.24.

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.