Vantagepoint Investment Advisers LLC Takes Position in Vanguard Mega Cap Growth ETF $MGK

Vantagepoint Investment Advisers LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 833,920 shares of the company’s stock, valued at approximately $335,586,000. Vanguard Mega Cap Growth ETF comprises about 2.7% of Vantagepoint Investment Advisers LLC’s investment portfolio, making the stock its 9th largest holding. Vantagepoint Investment Advisers LLC owned approximately 1.08% of Vanguard Mega Cap Growth ETF as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in MGK. Dogwood Wealth Management LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at approximately $27,000. Harbor Asset Planning Inc. bought a new position in Vanguard Mega Cap Growth ETF in the second quarter valued at approximately $28,000. Atlantic Union Bankshares Corp acquired a new position in Vanguard Mega Cap Growth ETF during the second quarter valued at approximately $30,000. North Star Investment Management Corp. raised its position in Vanguard Mega Cap Growth ETF by 182.1% during the third quarter. North Star Investment Management Corp. now owns 110 shares of the company’s stock valued at $44,000 after purchasing an additional 71 shares in the last quarter. Finally, Dynamic Wealth Strategies LLC bought a new stake in Vanguard Mega Cap Growth ETF during the second quarter worth $44,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK stock opened at $407.54 on Friday. Vanguard Mega Cap Growth ETF has a fifty-two week low of $262.65 and a fifty-two week high of $426.80. The stock’s fifty day moving average price is $411.03 and its two-hundred day moving average price is $399.98. The company has a market cap of $31.97 billion, a PE ratio of 37.33 and a beta of 1.18.

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.