833,920 Shares in Vanguard Mega Cap Growth ETF $MGK Acquired by Vantagepoint Investment Advisers LLC

by · The Cerbat Gem

Vantagepoint Investment Advisers LLC bought a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGKFree Report) during the third quarter, Holdings Channel.com reports. The firm bought 833,920 shares of the company’s stock, valued at approximately $335,586,000. Vanguard Mega Cap Growth ETF makes up approximately 2.7% of Vantagepoint Investment Advisers LLC’s holdings, making the stock its 9th largest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Osaic Holdings Inc. lifted its stake in shares of Vanguard Mega Cap Growth ETF by 383.6% in the second quarter. Osaic Holdings Inc. now owns 623,866 shares of the company’s stock worth $228,441,000 after acquiring an additional 494,855 shares during the period. Kensington Asset Management LLC bought a new position in Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $95,863,000. Assetmark Inc. lifted its position in shares of Vanguard Mega Cap Growth ETF by 2.9% in the 2nd quarter. Assetmark Inc. now owns 7,944,594 shares of the company’s stock worth $2,909,072,000 after purchasing an additional 227,615 shares during the period. Cassaday & Co Wealth Management LLC increased its position in shares of 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 worth $1,368,502,000 after buying an additional 211,907 shares during the period. Finally, Merit Financial Group LLC raised its stake 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 worth $216,916,000 after buying an additional 181,203 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Up 0.6%

MGK stock opened at $407.54 on Friday. The firm has a market cap of $31.97 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18. The company’s fifty day simple moving average is $411.03 and its 200 day simple moving average is $399.98. Vanguard Mega Cap Growth ETF has a 12-month low of $262.65 and a 12-month high of $426.80.

Vanguard Mega Cap Growth ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding MGK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mega Cap Growth ETF (NYSEARCA:MGKFree Report).