Vanguard Mega Cap Growth ETF $MGK Shares Newly Purchased by Vantagepoint Investment Advisers LLC

Vantagepoint Investment Advisers LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 4,295,085 shares of the company’s stock, valued at approximately $397,940,000. Vanguard Mega Cap Growth ETF accounts for about 3.1% of Vantagepoint Investment Advisers LLC’s portfolio, making the stock its 6th largest holding.

A number of other large investors also recently modified their holdings of MGK. HBW Advisory Services LLC lifted its position in Vanguard Mega Cap Growth ETF by 6.8% in the 1st quarter. HBW Advisory Services LLC now owns 1,886 shares of the company’s stock worth $693,000 after buying an additional 120 shares during the last quarter. Vestor Capital LLC boosted its stake in Vanguard Mega Cap Growth ETF by 65.6% in the first quarter. Vestor Capital LLC now owns 303 shares of the company’s stock worth $111,000 after buying an additional 120 shares in the last quarter. Cvfg LLC boosted its stake in Vanguard Mega Cap Growth ETF by 8.6% in the first quarter. Cvfg LLC now owns 1,537 shares of the company’s stock worth $565,000 after buying an additional 122 shares in the last quarter. Cardiff Park Advisors LLC purchased a new stake in Vanguard Mega Cap Growth ETF in the first quarter worth approximately $46,000. Finally, IFP Advisors Inc boosted its stake in Vanguard Mega Cap Growth ETF by 0.6% in the third quarter. IFP Advisors Inc now owns 23,186 shares of the company’s stock worth $2,148,000 after buying an additional 145 shares in the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA MGK opened at $89.57 on Tuesday. Vanguard Mega Cap Growth ETF has a one year low of $70.32 and a one year high of $95.53. The firm’s 50 day simple moving average is $91.12 and its two-hundred day simple moving average is $85.18. The stock has a market capitalization of $33.70 billion, a P/E ratio of 37.33 and a beta of 1.24.

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.