Angeles Wealth Management LLC Increases Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Angeles Wealth Management LLC increased its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 8.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 492,603 shares of the company’s stock after purchasing an additional 38,532 shares during the quarter. Vanguard Mega Cap Growth ETF makes up about 13.7% of Angeles Wealth Management LLC’s portfolio, making the stock its biggest position. Angeles Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $158,593,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Angeles Investment Advisors LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 105.4% during the second quarter. Angeles Investment Advisors LLC now owns 887,190 shares of the company’s stock worth $278,764,000 after buying an additional 455,250 shares during the period. Prime Capital Investment Advisors LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 4,572.4% during the second quarter. Prime Capital Investment Advisors LLC now owns 295,760 shares of the company’s stock worth $92,931,000 after buying an additional 289,430 shares during the period. Comerica Bank lifted its holdings in Vanguard Mega Cap Growth ETF by 325.4% during the second quarter. Comerica Bank now owns 359,241 shares of the company’s stock worth $112,877,000 after buying an additional 274,801 shares during the period. Facet Wealth Inc. purchased a new stake in Vanguard Mega Cap Growth ETF during the first quarter worth $70,804,000. Finally, International Assets Investment Management LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 32,115.7% during the third quarter. International Assets Investment Management LLC now owns 129,185 shares of the company’s stock worth $41,591,000 after buying an additional 128,784 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

Vanguard Mega Cap Growth ETF stock traded up $2.71 during mid-day trading on Friday, reaching $322.62. 262,573 shares of the company were exchanged, compared to its average volume of 340,923. The business has a fifty day moving average of $318.88 and a 200 day moving average of $307.49. The firm has a market cap of $21.35 billion, a P/E ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a 12-month low of $230.64 and a 12-month high of $332.63.

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.