Highline Wealth Partners LLC Takes Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Highline Wealth Partners LLC acquired a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 375 shares of the company’s stock, valued at approximately $121,000.

Several other hedge funds have also added to or reduced their stakes in MGK. LPL Financial LLC increased its holdings in Vanguard Mega Cap Growth ETF by 7.7% in the second quarter. LPL Financial LLC now owns 960,362 shares of the company’s stock valued at $301,755,000 after purchasing an additional 68,840 shares during the period. Angeles Investment Advisors LLC lifted its position in shares of Vanguard Mega Cap Growth ETF by 105.4% in the 2nd quarter. Angeles Investment Advisors LLC now owns 887,190 shares of the company’s stock worth $278,764,000 after purchasing an additional 455,250 shares during the period. Angeles Wealth Management LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 8.1% during the second quarter. Angeles Wealth Management LLC now owns 454,071 shares of the company’s stock worth $142,674,000 after buying an additional 33,981 shares during the period. Comerica Bank raised its stake in Vanguard Mega Cap Growth ETF by 325.4% during the second quarter. Comerica Bank now owns 359,241 shares of the company’s stock worth $112,877,000 after buying an additional 274,801 shares during the last quarter. Finally, Prime Capital Investment Advisors LLC boosted its position in Vanguard Mega Cap Growth ETF by 4,572.4% during the second quarter. Prime Capital Investment Advisors LLC now owns 295,760 shares of the company’s stock valued at $92,931,000 after acquiring an additional 289,430 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.1 %

MGK stock opened at $331.54 on Wednesday. The firm has a market cap of $21.94 billion, a PE ratio of 42.92 and a beta of 1.28. The stock has a 50-day moving average price of $318.40 and a 200-day moving average price of $306.73. Vanguard Mega Cap Growth ETF has a 1-year low of $221.88 and a 1-year high of $332.63.

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.