Colorado Capital Management Inc. Boosts Stock Holdings in Vanguard Mega Cap Growth ETF $MGK

Colorado Capital Management Inc. lifted its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 415.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,015 shares of the company’s stock after acquiring an additional 41,111 shares during the period. Vanguard Mega Cap Growth ETF makes up approximately 1.5% of Colorado Capital Management Inc.’s portfolio, making the stock its 23rd largest position. Colorado Capital Management Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $4,485,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Ancora Advisors LLC raised its stake in shares of Vanguard Mega Cap Growth ETF by 88.6% in the third quarter. Ancora Advisors LLC now owns 66 shares of the company’s stock worth $27,000 after purchasing an additional 31 shares during the last quarter. IFC & Insurance Marketing Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at $32,000. Costello Asset Management INC boosted its position in shares of Vanguard Mega Cap Growth ETF by 116.3% during the fourth quarter. Costello Asset Management INC now owns 93 shares of the company’s stock valued at $39,000 after buying an additional 50 shares during the last quarter. Newbridge Financial Services Group Inc. increased its holdings in Vanguard Mega Cap Growth ETF by 350.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 99 shares of the company’s stock worth $41,000 after buying an additional 77 shares in the last quarter. Finally, Birchbrook Inc. bought a new stake in Vanguard Mega Cap Growth ETF in the 4th quarter worth about $43,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA:MGK opened at $90.79 on Friday. The firm has a market cap of $34.16 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24. The business has a 50-day simple moving average of $87.55 and a two-hundred day simple moving average of $82.98. Vanguard Mega Cap Growth ETF has a fifty-two week low of $70.32 and a fifty-two week high of $92.38.

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.