ETF Portfolio Partners Inc. Increases Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

ETF Portfolio Partners Inc. increased its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 76.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,847 shares of the company’s stock after buying an additional 39,670 shares during the period. Vanguard Mega Cap Growth ETF accounts for 9.5% of ETF Portfolio Partners Inc.’s portfolio, making the stock its 4th largest position. ETF Portfolio Partners Inc. owned approximately 0.14% of Vanguard Mega Cap Growth ETF worth $31,541,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Gateway Wealth Partners LLC increased its position in Vanguard Mega Cap Growth ETF by 0.9% during the 3rd quarter. Gateway Wealth Partners LLC now owns 3,361 shares of the company’s stock valued at $1,082,000 after buying an additional 31 shares in the last quarter. Strategic Blueprint LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 2.2% in the 3rd quarter. Strategic Blueprint LLC now owns 1,933 shares of the company’s stock worth $622,000 after purchasing an additional 42 shares during the last quarter. First Financial Bankshares Inc boosted its stake in Vanguard Mega Cap Growth ETF by 6.0% in the 3rd quarter. First Financial Bankshares Inc now owns 778 shares of the company’s stock worth $250,000 after purchasing an additional 44 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in Vanguard Mega Cap Growth ETF by 5.3% in the 4th quarter. Geneos Wealth Management Inc. now owns 917 shares of the company’s stock worth $315,000 after purchasing an additional 46 shares in the last quarter. Finally, Trilogy Capital Inc. increased its stake in Vanguard Mega Cap Growth ETF by 7.4% during the 3rd quarter. Trilogy Capital Inc. now owns 730 shares of the company’s stock valued at $235,000 after purchasing an additional 50 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA MGK opened at $353.62 on Monday. The firm’s 50 day moving average price is $346.42 and its 200-day moving average price is $327.23. Vanguard Mega Cap Growth ETF has a 52-week low of $265.99 and a 52-week high of $358.61. The company has a market cap of $23.41 billion, a PE ratio of 42.92 and a beta of 1.28.

Vanguard Mega Cap Growth ETF Company 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.