Beaumont Asset Management L.L.C. Purchases 4,554 Shares of Vanguard Mega Cap Growth ETF $MGK

Beaumont Asset Management L.L.C. grew its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 271.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,233 shares of the company’s stock after buying an additional 4,554 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for 1.3% of Beaumont Asset Management L.L.C.’s holdings, making the stock its 16th largest holding. Beaumont Asset Management L.L.C.’s holdings in Vanguard Mega Cap Growth ETF were worth $2,508,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Assetmark Inc. lifted its stake in Vanguard Mega Cap Growth ETF by 2.9% in the second quarter. Assetmark Inc. now owns 7,944,594 shares of the company’s stock worth $2,909,072,000 after acquiring an additional 227,615 shares during the period. Cassaday & Co Wealth Management LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 6.0% in the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 3,737,341 shares of the company’s stock valued at $1,368,502,000 after purchasing an additional 211,907 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of Vanguard Mega Cap Growth ETF by 0.9% in the 2nd quarter. Captrust Financial Advisors now owns 1,668,738 shares of the company’s stock valued at $611,042,000 after purchasing an additional 15,432 shares in the last quarter. Osaic Holdings Inc. lifted its position in shares of Vanguard Mega Cap Growth ETF by 383.6% in the 2nd quarter. Osaic Holdings Inc. now owns 623,866 shares of the company’s stock worth $228,441,000 after purchasing an additional 494,855 shares during the period. Finally, Angeles Wealth Management LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 7.7% in the 2nd quarter. Angeles Wealth Management LLC now owns 575,440 shares of the company’s stock worth $210,709,000 after purchasing an additional 40,990 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA MGK opened at $408.28 on Friday. The company has a market cap of $32.03 billion, a PE ratio of 37.33 and a beta of 1.18. The firm’s 50 day moving average price is $411.99 and its 200-day moving average price is $398.70. Vanguard Mega Cap Growth ETF has a 52-week low of $262.65 and a 52-week high of $426.80.

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.