Angeles Wealth Management LLC Grows Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Angeles Wealth Management LLC increased its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 5.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 518,675 shares of the company’s stock after buying an additional 26,072 shares during the period. Vanguard Mega Cap Growth ETF comprises approximately 14.7% of Angeles Wealth Management LLC’s investment portfolio, making the stock its biggest holding. Angeles Wealth Management LLC owned about 0.78% of Vanguard Mega Cap Growth ETF worth $178,118,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of MGK. Peterson Financial Group Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the 3rd quarter valued at $33,000. Copley Financial Group Inc. purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the third quarter worth about $33,000. Riggs Asset Managment Co. Inc. acquired a new position in shares of Vanguard Mega Cap Growth ETF during the fourth quarter valued at about $40,000. Bfsg LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 386.7% in the 3rd quarter. Bfsg LLC now owns 146 shares of the company’s stock valued at $47,000 after purchasing an additional 116 shares during the last quarter. Finally, Valley National Advisers Inc. acquired a new stake in Vanguard Mega Cap Growth ETF in the 3rd quarter worth approximately $55,000.

Vanguard Mega Cap Growth ETF Trading Down 1.2 %

NYSEARCA:MGK opened at $348.69 on Monday. The company’s 50 day moving average is $348.91 and its two-hundred day moving average is $329.46. The company has a market cap of $23.08 billion, a PE ratio of 42.92 and a beta of 1.28. Vanguard Mega Cap Growth ETF has a twelve month low of $266.99 and a twelve month high of $358.61.

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.