Colorado Capital Management Inc. Boosts Position in Vanguard Mega Cap Growth ETF $MGK

Colorado Capital Management Inc. raised its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 415.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 51,015 shares of the company’s stock after acquiring an additional 41,111 shares during the quarter. Vanguard Mega Cap Growth ETF makes up 1.5% of Colorado Capital Management Inc.’s portfolio, making the stock its 23rd biggest holding. Colorado Capital Management Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $4,485,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MGK. First Horizon Corp raised its stake in shares of Vanguard Mega Cap Growth ETF by 0.7% during the fourth quarter. First Horizon Corp now owns 3,383 shares of the company’s stock valued at $1,396,000 after acquiring an additional 25 shares in the last quarter. TFR Capital LLC. grew its stake in Vanguard Mega Cap Growth ETF by 2.7% in the fourth quarter. TFR Capital LLC. now owns 961 shares of the company’s stock worth $397,000 after purchasing an additional 25 shares in the last quarter. New England Capital Financial Advisors LLC grew its stake in Vanguard Mega Cap Growth ETF by 16.9% in the fourth quarter. New England Capital Financial Advisors LLC now owns 173 shares of the company’s stock worth $71,000 after purchasing an additional 25 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in Vanguard Mega Cap Growth ETF by 1.8% during the 4th quarter. Sequoia Financial Advisors LLC now owns 1,487 shares of the company’s stock worth $614,000 after purchasing an additional 26 shares during the period. Finally, Halbert Hargrove Global Advisors LLC increased its holdings in Vanguard Mega Cap Growth ETF by 18.0% during the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 177 shares of the company’s stock worth $73,000 after purchasing an additional 27 shares during the period.

Vanguard Mega Cap Growth ETF Stock Up 0.9%

Shares of NYSEARCA MGK opened at $90.79 on Friday. The business has a fifty day simple moving average of $87.55 and a two-hundred day simple moving average of $82.98. The firm 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 twelve month low of $70.32 and a twelve month high of $92.38.

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.