Baird Financial Group Inc. Acquires 9,769 Shares of Vanguard Mega Cap Growth ETF $MGK

Baird Financial Group Inc. lifted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 82.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,606 shares of the company’s stock after acquiring an additional 9,769 shares during the period. Baird Financial Group Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $7,911,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of MGK. Brighton Jones LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 139.5% during the 4th quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock worth $518,000 after purchasing an additional 879 shares during the period. Townsquare Capital LLC grew its position in Vanguard Mega Cap Growth ETF by 47.0% during the first quarter. Townsquare Capital LLC now owns 4,998 shares of the company’s stock worth $1,544,000 after buying an additional 1,599 shares in the last quarter. Koss Olinger Consulting LLC bought a new position in Vanguard Mega Cap Growth ETF during the first quarter valued at about $229,000. Financial Engines Advisors L.L.C. acquired a new position in Vanguard Mega Cap Growth ETF in the 1st quarter valued at approximately $755,000. Finally, Kovitz Investment Group Partners LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 1st quarter worth approximately $808,000.

Vanguard Mega Cap Growth ETF Trading Down 0.2%

Shares of NYSEARCA:MGK opened at $416.80 on Tuesday. The firm has a market capitalization of $32.31 billion, a PE ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 1-year low of $262.65 and a 1-year high of $426.80. The business’s 50 day moving average is $409.71 and its 200-day moving average is $386.48.

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.