Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Position Lifted by Raab & Moskowitz Asset Management LLC

Raab & Moskowitz Asset Management LLC lifted its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 0.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,248 shares of the company’s stock after purchasing an additional 78 shares during the period. Vanguard Mega Cap Growth ETF accounts for approximately 4.5% of Raab & Moskowitz Asset Management LLC’s holdings, making the stock its 3rd largest position. Raab & Moskowitz Asset Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $16,731,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of MGK. PSI Advisors LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter valued at $25,000. YHB Investment Advisors Inc. bought a new stake in Vanguard Mega Cap Growth ETF during the first quarter valued at about $29,000. Rothschild Investment LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter valued at about $31,000. Global Wealth Strategies & Associates bought a new position in shares of Vanguard Mega Cap Growth ETF in the first quarter worth about $30,000. Finally, Redmont Wealth Advisors LLC purchased a new stake in shares of Vanguard Mega Cap Growth ETF during the second quarter worth about $35,000.

Vanguard Mega Cap Growth ETF Trading Down 0.7 %

Shares of MGK opened at $320.34 on Friday. The business’s 50 day moving average is $308.90 and its 200 day moving average is $300.54. Vanguard Mega Cap Growth ETF has a 12-month low of $218.10 and a 12-month high of $330.36. The company has a market capitalization of $21.20 billion, a PE ratio of 42.92 and a beta of 1.28.

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.