Vanguard Mega Cap Growth ETF $MGK Holdings Increased by Sherman Wealth Management LLC

Sherman Wealth Management LLC boosted its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 395.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 159,743 shares of the company’s stock after acquiring an additional 127,481 shares during the period. Vanguard Mega Cap Growth ETF accounts for about 10.6% of Sherman Wealth Management LLC’s investment portfolio, making the stock its largest holding. Sherman Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $14,043,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Praetorian Wealth Management Inc. increased its position in Vanguard Mega Cap Growth ETF by 407.9% during the 2nd 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 in the last quarter. Morgan Stanley boosted its stake in Vanguard Mega Cap Growth ETF by 11.7% in the 4th quarter. Morgan Stanley now owns 2,651,172 shares of the company’s stock worth $1,094,325,000 after purchasing an additional 277,446 shares in the last quarter. CX Institutional grew its position in Vanguard Mega Cap Growth ETF by 364.0% during the 2nd quarter. CX Institutional now owns 344,313 shares of the company’s stock valued at $30,269,000 after purchasing an additional 270,114 shares during the last quarter. Fifth Third Bancorp raised its holdings in Vanguard Mega Cap Growth ETF by 75,906.0% in the first quarter. Fifth Third Bancorp now owns 226,498 shares of the company’s stock worth $83,225,000 after buying an additional 226,200 shares during the last quarter. Finally, Avior Wealth Management LLC lifted its stake in shares of Vanguard Mega Cap Growth ETF by 393.4% in the second quarter. Avior Wealth Management LLC now owns 267,463 shares of the company’s stock worth $23,513,000 after buying an additional 213,258 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.2%

MGK stock opened at $90.63 on Tuesday. The stock’s 50 day simple moving average is $87.52 and its 200 day simple moving average is $83.06. Vanguard Mega Cap Growth ETF has a 12-month low of $70.32 and a 12-month high of $92.38. The stock has a market capitalization of $34.10 billion, a PE ratio of 37.33 and a beta of 1.24.

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.