Vanguard Mega Cap Growth ETF $MGK is Baring Financial LLC’s 3rd Largest Position

Baring Financial LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 46.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,212 shares of the company’s stock after purchasing an additional 7,033 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for 5.6% of Baring Financial LLC’s portfolio, making the stock its 3rd biggest holding. Baring Financial LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $9,168,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Capstone Wealth Management Group LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 10.7% during the 3rd quarter. Capstone Wealth Management Group LLC now owns 31,093 shares of the company’s stock valued at $12,512,000 after buying an additional 3,001 shares in the last quarter. First Horizon Corp purchased a new stake in Vanguard Mega Cap Growth ETF in the 3rd quarter worth approximately $1,351,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in Vanguard Mega Cap Growth ETF by 17.6% during the 3rd quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 48,651 shares of the company’s stock worth $19,578,000 after acquiring an additional 7,270 shares during the period. Beaumont Asset Management L.L.C. raised its stake in Vanguard Mega Cap Growth ETF by 271.2% during the 3rd quarter. Beaumont Asset Management L.L.C. now owns 6,233 shares of the company’s stock worth $2,508,000 after acquiring an additional 4,554 shares during the period. Finally, Arete Wealth Advisors LLC purchased a new position in Vanguard Mega Cap Growth ETF during the third quarter valued at approximately $551,000.

Vanguard Mega Cap Growth ETF Price Performance

MGK opened at $370.63 on Friday. The firm has a market cap of $29.07 billion, a P/E 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 company has a 50 day simple moving average of $394.21 and a two-hundred day simple moving average of $402.89.

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.