Vanguard Mega Cap Growth ETF $MGK Shares Purchased by Lakeshore Financial Planning Inc.

Lakeshore Financial Planning Inc. raised its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 406.2% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,388 shares of the company’s stock after purchasing an additional 6,731 shares during the quarter. Lakeshore Financial Planning Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $737,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of MGK. Praetorian Wealth Management Inc. lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 407.9% in the second quarter. Praetorian Wealth Management Inc. now owns 855,232 shares of the company’s stock valued at $75,183,000 after buying an additional 686,835 shares during the period. Blue Edge Capital LLC acquired a new position in Vanguard Mega Cap Growth ETF during the second quarter worth about $36,035,000. Beacon Capital Management LLC grew its holdings in Vanguard Mega Cap Growth ETF by 292.1% during the second quarter. Beacon Capital Management LLC now owns 530,802 shares of the company’s stock worth $46,663,000 after acquiring an additional 395,439 shares during the period. FC Advisory LLC grew its holdings in Vanguard Mega Cap Growth ETF by 392.2% during the second quarter. FC Advisory LLC now owns 459,040 shares of the company’s stock worth $40,354,000 after acquiring an additional 365,775 shares during the period. Finally, Morgan Stanley raised its position in Vanguard Mega Cap Growth ETF by 11.7% in the fourth quarter. Morgan Stanley now owns 2,651,172 shares of the company’s stock worth $1,094,325,000 after acquiring an additional 277,446 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Up 1.6%

Shares of NYSEARCA MGK opened at $90.67 on Friday. Vanguard Mega Cap Growth ETF has a twelve month low of $70.32 and a twelve month high of $92.38. The company has a market capitalization of $34.11 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24. The firm has a 50-day moving average of $88.24 and a two-hundred day moving average of $84.29.

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.