Darwin Wealth Management LLC Buys New Shares in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Darwin Wealth Management LLC purchased a new position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 43,674 shares of the company’s stock, valued at approximately $14,061,000. Vanguard Mega Cap Growth ETF comprises approximately 3.9% of Darwin Wealth Management LLC’s holdings, making the stock its 2nd largest position. Darwin Wealth Management LLC owned 0.07% of Vanguard Mega Cap Growth ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. PSI Advisors LLC purchased a new stake in Vanguard Mega Cap Growth ETF during the second quarter valued at about $25,000. Rothschild Investment LLC purchased a new stake in Vanguard Mega Cap Growth ETF during the second quarter worth approximately $31,000. Peterson Financial Group Inc. acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the third quarter worth $33,000. Redmont Wealth Advisors LLC purchased a new position in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at $35,000. Finally, Trifecta Capital Advisors LLC acquired a new stake in Vanguard Mega Cap Growth ETF in the 2nd quarter valued at $45,000.

Vanguard Mega Cap Growth ETF Price Performance

Vanguard Mega Cap Growth ETF stock opened at $335.88 on Wednesday. Vanguard Mega Cap Growth ETF has a 12-month low of $246.18 and a 12-month high of $342.22. The company has a market capitalization of $22.23 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28. The firm’s fifty day moving average price is $325.16 and its 200 day moving average price is $312.79.

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.