Accel Wealth Management Takes $201,000 Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Accel Wealth Management acquired a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 584 shares of the company’s stock, valued at approximately $201,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. FMR LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 12.7% in the third quarter. FMR LLC now owns 23,961 shares of the company’s stock valued at $7,714,000 after purchasing an additional 2,704 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in Vanguard Mega Cap Growth ETF by 14.5% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 1,202 shares of the company’s stock valued at $387,000 after buying an additional 152 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Vanguard Mega Cap Growth ETF by 23.7% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 66,015 shares of the company’s stock valued at $21,254,000 after buying an additional 12,655 shares during the last quarter. Ameritas Advisory Services LLC increased its position in Vanguard Mega Cap Growth ETF by 131.7% during the fourth quarter. Ameritas Advisory Services LLC now owns 37,676 shares of the company’s stock worth $12,938,000 after buying an additional 21,417 shares in the last quarter. Finally, CX Institutional raised its holdings in shares of Vanguard Mega Cap Growth ETF by 8.2% in the third quarter. CX Institutional now owns 141,755 shares of the company’s stock worth $45,638,000 after acquiring an additional 10,778 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Down 0.6 %

MGK opened at $353.62 on Friday. The firm has a market cap of $23.41 billion, a P/E ratio of 42.92 and a beta of 1.28. The business’s fifty day simple moving average is $346.42 and its 200 day simple moving average is $327.25. Vanguard Mega Cap Growth ETF has a 52 week low of $265.99 and a 52 week high of $358.61.

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.