Vanguard Mega Cap Growth ETF $MGK is Praetorian Wealth Management Inc.’s Largest Position

Praetorian Wealth Management Inc. increased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 3.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 158,140 shares of the company’s stock after purchasing an additional 5,995 shares during the period. Vanguard Mega Cap Growth ETF accounts for 13.1% of Praetorian Wealth Management Inc.’s portfolio, making the stock its biggest position. Praetorian Wealth Management Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $63,638,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Osaic Holdings Inc. boosted its holdings in shares of Vanguard Mega Cap Growth ETF by 383.6% during the 2nd quarter. Osaic Holdings Inc. now owns 623,866 shares of the company’s stock valued at $228,441,000 after buying an additional 494,855 shares in the last quarter. Kensington Asset Management LLC purchased a new position in Vanguard Mega Cap Growth ETF during the 2nd quarter valued at about $95,863,000. Assetmark Inc. boosted its stake in Vanguard Mega Cap Growth ETF by 2.9% during the second quarter. Assetmark Inc. now owns 7,944,594 shares of the company’s stock worth $2,909,072,000 after acquiring an additional 227,615 shares in the last quarter. Cassaday & Co Wealth Management LLC grew its holdings in Vanguard Mega Cap Growth ETF by 6.0% in 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 purchasing an additional 211,907 shares during the period. Finally, Angeles Investment Advisors LLC grew its holdings in Vanguard Mega Cap Growth ETF by 59.2% in the second quarter. Angeles Investment Advisors LLC now owns 459,590 shares of the company’s stock worth $168,288,000 after purchasing an additional 170,950 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

MGK stock opened at $418.03 on Wednesday. The firm has a 50 day moving average price of $411.52 and a 200-day moving average price of $391.61. Vanguard Mega Cap Growth ETF has a 52-week low of $262.65 and a 52-week high of $426.80. The firm has a market capitalization of $32.40 billion, a price-to-earnings ratio of 37.33 and a beta of 1.18.

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.