Black Diamond Financial LLC Has $43.88 Million Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Black Diamond Financial LLC raised its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 2.9% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 139,636 shares of the company’s stock after buying an additional 3,911 shares during the period. Vanguard Mega Cap Growth ETF comprises approximately 8.5% of Black Diamond Financial LLC’s holdings, making the stock its 2nd largest holding. Black Diamond Financial LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $43,875,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. PSI Advisors LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at approximately $25,000. YHB Investment Advisors Inc. bought a new position in shares of Vanguard Mega Cap Growth ETF during the 1st quarter worth approximately $29,000. Global Wealth Strategies & Associates bought a new position in Vanguard Mega Cap Growth ETF in the first quarter valued at $30,000. Rothschild Investment LLC bought a new position in Vanguard Mega Cap Growth ETF in the second quarter valued at $31,000. Finally, Scarborough Advisors LLC acquired a new stake in Vanguard Mega Cap Growth ETF in the 4th quarter valued at $32,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA MGK opened at $314.96 on Monday. Vanguard Mega Cap Growth ETF has a 52 week low of $218.10 and a 52 week high of $330.36. The stock has a market capitalization of $20.85 billion, a PE ratio of 42.92 and a beta of 1.28. The stock has a 50 day moving average price of $309.60 and a 200 day moving average price of $298.33.

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.