Flow Traders U.S. LLC Invests $539,000 in Vanguard Mega Cap Growth ETF $MGK

Flow Traders U.S. LLC bought a new position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 1,473 shares of the company’s stock, valued at approximately $539,000.

Other hedge funds have also bought and sold shares of the company. Kensington Asset Management LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the second quarter worth about $95,863,000. Assetmark Inc. increased its holdings in Vanguard Mega Cap Growth ETF by 2.9% in the 2nd quarter. Assetmark Inc. now owns 7,944,594 shares of the company’s stock worth $2,909,072,000 after acquiring an additional 227,615 shares in the last quarter. Cassaday & Co Wealth Management LLC raised its stake in Vanguard Mega Cap Growth ETF by 6.0% during the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 3,737,341 shares of the company’s stock worth $1,368,502,000 after acquiring an additional 211,907 shares during the period. Angeles Investment Advisors LLC raised its stake in Vanguard Mega Cap Growth ETF by 59.2% during the 2nd quarter. Angeles Investment Advisors LLC now owns 459,590 shares of the company’s stock worth $168,288,000 after acquiring an additional 170,950 shares during the period. Finally, Praetorian Wealth Management Inc. lifted its holdings in Vanguard Mega Cap Growth ETF by 20,186.0% during the second quarter. Praetorian Wealth Management Inc. now owns 152,145 shares of the company’s stock valued at $55,710,000 after purchasing an additional 151,395 shares in the last quarter.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA MGK opened at $417.12 on Thursday. The stock has a market cap of $32.33 billion, a PE ratio of 37.33 and a beta of 1.18. Vanguard Mega Cap Growth ETF has a 1 year low of $262.65 and a 1 year high of $426.80. The firm has a fifty day moving average price of $410.25 and a 200-day moving average price of $387.25.

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.