Vanguard Mega Cap Growth ETF $MGK is Worth Asset Management LLC’s 8th Largest Position

Worth Asset Management LLC increased its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 19.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,846 shares of the company’s stock after purchasing an additional 2,218 shares during the period. Vanguard Mega Cap Growth ETF accounts for approximately 2.4% of Worth Asset Management LLC’s investment portfolio, making the stock its 8th biggest position. Worth Asset Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $5,715,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Vantagepoint Investment Advisers LLC purchased a new stake in Vanguard Mega Cap Growth ETF during the 3rd quarter worth approximately $335,586,000. Assetmark Inc. lifted its position in shares of Vanguard Mega Cap Growth ETF by 7.0% in the third quarter. Assetmark Inc. now owns 8,503,196 shares of the company’s stock valued at $3,421,856,000 after acquiring an additional 558,602 shares in the last quarter. Osaic Holdings Inc. lifted its position in shares of Vanguard Mega Cap Growth ETF by 383.6% in the second quarter. Osaic Holdings Inc. now owns 623,866 shares of the company’s stock valued at $228,441,000 after acquiring an additional 494,855 shares in the last quarter. Merit Financial Group LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF by 50.6% in the third quarter. Merit Financial Group LLC now owns 539,030 shares of the company’s stock worth $216,916,000 after acquiring an additional 181,203 shares during the last quarter. Finally, UBS Group AG boosted its stake in shares of Vanguard Mega Cap Growth ETF by 12.6% in the third quarter. UBS Group AG now owns 1,090,923 shares of the company’s stock worth $439,009,000 after acquiring an additional 122,275 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $355.33 on Friday. The stock has a 50 day moving average price of $389.91 and a 200 day moving average price of $402.35. Vanguard Mega Cap Growth ETF has a one year low of $262.65 and a one year high of $426.80. The stock has a market capitalization of $27.87 billion, a price-to-earnings 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.