Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Bought by Breakwater Investment Management

Breakwater Investment Management raised its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,569 shares of the company’s stock after purchasing an additional 58 shares during the period. Vanguard Mega Cap Growth ETF comprises 1.8% of Breakwater Investment Management’s investment portfolio, making the stock its 18th biggest position. Breakwater Investment Management’s holdings in Vanguard Mega Cap Growth ETF were worth $4,191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of MGK. Proficio Capital Partners LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 34,241.0% during the 4th quarter. Proficio Capital Partners LLC now owns 393,204 shares of the company’s stock worth $135,030,000 after acquiring an additional 392,059 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth about $79,888,000. LPL Financial LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 14.5% during the 4th quarter. LPL Financial LLC now owns 1,080,875 shares of the company’s stock worth $371,183,000 after acquiring an additional 136,586 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Vanguard Mega Cap Growth ETF by 23.6% during the 4th quarter. Ameriprise Financial Inc. now owns 714,135 shares of the company’s stock worth $245,284,000 after acquiring an additional 136,347 shares in the last quarter. Finally, Merit Financial Group LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 47.1% during the 1st quarter. Merit Financial Group LLC now owns 359,838 shares of the company’s stock worth $111,147,000 after acquiring an additional 115,183 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA MGK opened at $354.03 on Tuesday. Vanguard Mega Cap Growth ETF has a fifty-two week low of $262.65 and a fifty-two week high of $358.64. The firm has a market capitalization of $26.33 billion, a PE ratio of 36.62 and a beta of 1.20. The stock’s 50-day simple moving average is $328.04 and its 200-day simple moving average is $334.17.

Vanguard Mega Cap Growth ETF Company 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.