Berkshire Money Management Inc. Buys New Shares in Vanguard Mega Cap Growth ETF $MGK

Berkshire Money Management Inc. purchased a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,782 shares of the company’s stock, valued at approximately $653,000.

A number of other hedge funds also recently made changes to their positions in MGK. Assetmark Inc. raised its stake in Vanguard Mega Cap Growth ETF by 3.5% in the 1st quarter. Assetmark Inc. now owns 7,716,979 shares of the company’s stock worth $2,383,620,000 after purchasing an additional 258,515 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 12.7% in the first quarter. Ameriprise Financial Inc. now owns 805,119 shares of the company’s stock worth $248,910,000 after acquiring an additional 90,984 shares during the last quarter. Angeles Wealth Management LLC grew its stake in shares of Vanguard Mega Cap Growth ETF by 3.0% during the first quarter. Angeles Wealth Management LLC now owns 534,450 shares of the company’s stock worth $165,081,000 after buying an additional 15,775 shares during the last quarter. Cerity Partners LLC increased its holdings in Vanguard Mega Cap Growth ETF by 5.9% in the 1st quarter. Cerity Partners LLC now owns 417,948 shares of the company’s stock worth $129,096,000 after purchasing an additional 23,377 shares in the last quarter. Finally, Comerica Bank raised its holdings in Vanguard Mega Cap Growth ETF by 4.7% in the 1st quarter. Comerica Bank now owns 392,539 shares of the company’s stock valued at $121,248,000 after buying an additional 17,466 shares during the last quarter.

Vanguard Mega Cap Growth ETF Trading Down 0.4%

Shares of MGK stock opened at $403.68 on Monday. Vanguard Mega Cap Growth ETF has a 1-year low of $262.65 and a 1-year high of $406.88. The stock has a 50-day moving average of $389.42 and a 200-day moving average of $354.79. The stock has a market cap of $30.92 billion, a price-to-earnings ratio of 37.33 and a beta of 1.11.

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.