Cwm LLC Raises Stake in Vanguard Mega Cap Growth ETF $MGK

Cwm LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 33.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,077 shares of the company’s stock after acquiring an additional 1,027 shares during the period. Cwm LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,493,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Concurrent Investment Advisors LLC increased its stake in shares of Vanguard Mega Cap Growth ETF by 7.4% during the second quarter. Concurrent Investment Advisors LLC now owns 69,251 shares of the company’s stock valued at $25,357,000 after purchasing an additional 4,785 shares in the last quarter. Fifth Third Wealth Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF during the 2nd quarter valued at approximately $253,000. Richardson Financial Services Inc. increased its position in Vanguard Mega Cap Growth ETF by 28.3% during the 2nd quarter. Richardson Financial Services Inc. now owns 2,307 shares of the company’s stock valued at $836,000 after buying an additional 509 shares in the last quarter. Cyndeo Wealth Partners LLC raised its stake in Vanguard Mega Cap Growth ETF by 3.4% during the second quarter. Cyndeo Wealth Partners LLC now owns 2,980 shares of the company’s stock valued at $1,091,000 after buying an additional 99 shares during the last quarter. Finally, Pinion Investment Advisors LLC boosted its holdings in Vanguard Mega Cap Growth ETF by 7.8% in the second quarter. Pinion Investment Advisors LLC now owns 2,018 shares of the company’s stock worth $739,000 after acquiring an additional 146 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 1.2%

NYSEARCA MGK opened at $407.47 on Tuesday. Vanguard Mega Cap Growth ETF has a 12 month low of $262.65 and a 12 month high of $410.01. The stock’s fifty day moving average price is $394.54 and its 200-day moving average price is $361.91. The stock has a market cap of $31.58 billion, a P/E ratio of 37.33 and a beta of 1.11.

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.