Black Diamond Financial LLC Buys 3,911 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Black Diamond Financial LLC boosted its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,636 shares of the company’s stock after acquiring an additional 3,911 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for 8.5% of Black Diamond Financial LLC’s portfolio, making the stock its 2nd largest position. Black Diamond Financial LLC owned about 0.21% of Vanguard Mega Cap Growth ETF worth $43,875,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Angeles Investment Advisors LLC lifted its holdings in Vanguard Mega Cap Growth ETF by 105.4% during the 2nd quarter. Angeles Investment Advisors LLC now owns 887,190 shares of the company’s stock valued at $278,764,000 after purchasing an additional 455,250 shares during the last quarter. Prime Capital Investment Advisors LLC increased its holdings in shares of 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 in the last quarter. Assetmark Inc. raised its stake in shares of Vanguard Mega Cap Growth ETF by 3.7% in the fourth quarter. Assetmark Inc. now owns 6,890,694 shares of the company’s stock valued at $1,788,204,000 after acquiring an additional 248,776 shares during the last quarter. Facet Wealth Inc. acquired a new position in shares of Vanguard Mega Cap Growth ETF in the 1st quarter worth approximately $70,804,000. Finally, Coco Enterprises LLC bought a new stake in Vanguard Mega Cap Growth ETF during the 4th quarter worth approximately $30,252,000.

Vanguard Mega Cap Growth ETF Price Performance

MGK stock opened at $314.96 on Monday. The stock has a market capitalization of $20.85 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The business has a fifty day moving average price of $309.60 and a 200 day moving average price of $298.33. Vanguard Mega Cap Growth ETF has a fifty-two week low of $218.10 and a fifty-two week high of $330.36.

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.