Facet Wealth Inc. Raises Stock Holdings in Vanguard Mega Cap Growth ETF $MGK

Facet Wealth Inc. boosted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 4.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 278,819 shares of the company’s stock after purchasing an additional 11,151 shares during the quarter. Vanguard Mega Cap Growth ETF comprises approximately 2.3% of Facet Wealth Inc.’s portfolio, making the stock its 12th biggest holding. Facet Wealth Inc. owned approximately 0.36% of Vanguard Mega Cap Growth ETF worth $112,202,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Osaic Holdings Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 383.6% during the 2nd quarter. Osaic Holdings Inc. now owns 623,866 shares of the company’s stock valued at $228,441,000 after buying an additional 494,855 shares in the last quarter. Kensington Asset Management LLC purchased a new position in Vanguard Mega Cap Growth ETF in the second quarter worth $95,863,000. Assetmark Inc. increased 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 valued at $2,909,072,000 after acquiring an additional 227,615 shares during the last quarter. Cassaday & Co Wealth Management LLC raised its position in Vanguard Mega Cap Growth ETF by 6.0% during the second 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. Finally, Merit Financial Group LLC raised its position in Vanguard Mega Cap Growth ETF by 50.6% during the third quarter. Merit Financial Group LLC now owns 539,030 shares of the company’s stock valued at $216,916,000 after purchasing an additional 181,203 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 0.9%

MGK opened at $405.16 on Friday. The stock has a 50-day moving average price of $411.05 and a 200-day moving average price of $399.47. Vanguard Mega Cap Growth ETF has a 12-month low of $262.65 and a 12-month high of $426.80. The stock has a market capitalization of $31.78 billion, a P/E ratio of 37.33 and a beta of 1.18.

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.