Vanguard Mega Cap Growth ETF $MGK Stake Lowered by Angeles Investment Advisors LLC

Angeles Investment Advisors LLC decreased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 21.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 360,390 shares of the company’s stock after selling 99,200 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for 9.5% of Angeles Investment Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Angeles Investment Advisors LLC owned approximately 0.46% of Vanguard Mega Cap Growth ETF worth $145,028,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Stratos Wealth Partners LTD. increased its position in Vanguard Mega Cap Growth ETF by 2.1% in the third quarter. Stratos Wealth Partners LTD. now owns 19,042 shares of the company’s stock worth $7,663,000 after purchasing an additional 383 shares during the last quarter. Stratos Investment Management LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 17.5% in the 3rd quarter. Stratos Investment Management LLC now owns 54,050 shares of the company’s stock worth $21,751,000 after buying an additional 8,050 shares during the last quarter. Harpswell Capital Advisors LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 3rd quarter worth about $201,000. Johnson Investment Counsel Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 10.8% during the 3rd quarter. Johnson Investment Counsel Inc. now owns 2,601 shares of the company’s stock valued at $1,047,000 after buying an additional 254 shares in the last quarter. Finally, Oppenheimer & Co. Inc. lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 16.5% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,110 shares of the company’s stock valued at $447,000 after acquiring an additional 157 shares during the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA MGK opened at $393.92 on Thursday. 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 $409.29 and its two-hundred day moving average is $402.48. The stock has a market capitalization of $30.90 billion, a P/E ratio of 37.33 and a beta of 1.18.

Vanguard Mega Cap Growth ETF 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.