Knightsbridge Asset Management LLC Raises Stock Holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Knightsbridge Asset Management LLC boosted its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.9% in the 4th quarter, Holdings Channel reports. The fund owned 4,821 shares of the company’s stock after purchasing an additional 45 shares during the period. Knightsbridge Asset Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,656,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of Jackson Hole Trust acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the 4th quarter worth $27,000. 1620 Investment Advisors Inc. acquired a new stake in Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $30,000. Mainstream Capital Management LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF during the 4th quarter valued at $31,000. Copley Financial Group Inc. purchased a new stake in Vanguard Mega Cap Growth ETF during the 3rd quarter worth $33,000. Finally, Riggs Asset Managment Co. Inc. purchased a new position in Vanguard Mega Cap Growth ETF in the fourth quarter valued at about $40,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA MGK opened at $308.68 on Friday. The company has a market capitalization of $22.44 billion, a price-to-earnings ratio of 32.92 and a beta of 1.20. Vanguard Mega Cap Growth ETF has a 1-year low of $262.65 and a 1-year high of $358.64. The business has a 50-day moving average of $313.72 and a 200-day moving average of $332.24.

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.