Billionaires Buy a Brilliant Vanguard Index Fund That Could Turn $500 Per Month Into $442,400 With Help From the "Magnificent Seven" Stocks

Recently filed Forms 13F reveal that several billionaire-led hedge funds purchased shares in the Vanguard Mega Cap Growth ETF (NYSEMKT: MGK) in Q2. Although their positions are not significant, the ETF is considered a solid choice for diversification, offering substantial exposure to the “Magnificent Seven” stocks, with the potential to grow a $500 monthly investment to $442,400 over 20 years.

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