Woodmont Investment Counsel LLC Buys 6,904 Shares of Vanguard Mega Cap Growth ETF $MGK

Woodmont Investment Counsel LLC bought a new stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 6,904 shares of the company’s stock, valued at approximately $640,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in MGK. Vantagepoint Investment Advisers LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF during the third quarter valued at $397,940,000. Cassaday & Co Wealth Management LLC raised its stake in Vanguard Mega Cap Growth ETF by 1.3% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 3,719,368 shares of the company’s stock worth $1,366,645,000 after buying an additional 48,165 shares during the period. Envestnet Asset Management Inc. raised its stake in Vanguard Mega Cap Growth ETF by 399.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,554,068 shares of the company’s stock worth $312,423,000 after buying an additional 2,842,779 shares during the period. Angeles Wealth Management LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 1.5% during the third quarter. Angeles Wealth Management LLC now owns 2,912,914 shares of the company’s stock worth $269,899,000 after acquiring an additional 43,353 shares in the last quarter. Finally, Black Diamond Financial LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 3.5% during the third quarter. Black Diamond Financial LLC now owns 1,134,887 shares of the company’s stock worth $105,147,000 after acquiring an additional 38,068 shares in the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 1.4%

NYSEARCA:MGK opened at $85.65 on Tuesday. Vanguard Mega Cap Growth ETF has a 1 year low of $70.32 and a 1 year high of $95.53. The stock has a market cap of $32.23 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24. The stock has a 50-day moving average price of $91.06 and a two-hundred day moving average price of $85.33.

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.