606,266 Shares in Vanguard Mega Cap Growth ETF $MGK Bought by Hengehold Capital Management LLC

Hengehold Capital Management LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 606,266 shares of the company’s stock, valued at approximately $56,171,000. Vanguard Mega Cap Growth ETF accounts for about 4.4% of Hengehold Capital Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Hengehold Capital Management LLC owned approximately 0.16% of Vanguard Mega Cap Growth ETF at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in MGK. Cassaday & Co Wealth Management LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 1.3% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 3,719,368 shares of the company’s stock valued at $1,366,645,000 after purchasing an additional 48,165 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Vanguard Mega Cap Growth ETF by 399.7% during the second quarter. Envestnet Asset Management Inc. now owns 3,554,068 shares of the company’s stock worth $312,423,000 after buying an additional 2,842,779 shares during the period. Angeles Wealth Management LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 402.4% during the second quarter. Angeles Wealth Management LLC now owns 2,869,561 shares of the company’s stock worth $252,281,000 after buying an additional 2,298,377 shares during the period. PNC Financial Services Group Inc. raised its stake in Vanguard Mega Cap Growth ETF by 2.7% during the first quarter. PNC Financial Services Group Inc. now owns 531,713 shares of the company’s stock worth $195,372,000 after buying an additional 14,064 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in Vanguard Mega Cap Growth ETF by 2.0% during the first quarter. Royal Bank of Canada now owns 466,332 shares of the company’s stock worth $171,349,000 after buying an additional 9,145 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 2.2%

MGK stock traded down $2.07 during midday trading on Friday, hitting $90.00. The stock had a trading volume of 1,366,160 shares, compared to its average volume of 1,981,593. The firm has a market cap of $33.86 billion, a P/E ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a 1-year low of $70.32 and a 1-year high of $95.53. The business has a fifty day moving average price of $91.16 and a two-hundred day moving average price of $87.59.

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.