Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Position Trimmed by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lessened its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 6.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,459 shares of the company’s stock after selling 364 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,875,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Gray Wealth Management Inc. grew its stake in shares of Vanguard Mega Cap Growth ETF by 1.5% in the 4th quarter. Gray Wealth Management Inc. now owns 4,572 shares of the company’s stock valued at $1,570,000 after buying an additional 67 shares in the last quarter. Creative Financial Designs Inc. ADV grew its stake in shares of Vanguard Mega Cap Growth ETF by 292.5% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 35,254 shares of the company’s stock valued at $12,107,000 after buying an additional 26,271 shares in the last quarter. GWN Securities Inc. bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter valued at approximately $1,988,000. Facet Wealth Inc. grew its stake in shares of Vanguard Mega Cap Growth ETF by 1.6% in the 4th quarter. Facet Wealth Inc. now owns 295,312 shares of the company’s stock valued at $102,972,000 after buying an additional 4,516 shares in the last quarter. Finally, Harbour Investments Inc. grew its stake in shares of Vanguard Mega Cap Growth ETF by 4.4% in the 4th quarter. Harbour Investments Inc. now owns 18,616 shares of the company’s stock valued at $6,393,000 after buying an additional 793 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA MGK opened at $315.33 on Thursday. The stock has a market cap of $23.11 billion, a price-to-earnings ratio of 36.87 and a beta of 1.15. The business has a 50 day simple moving average of $340.46 and a 200 day simple moving average of $335.07. Vanguard Mega Cap Growth ETF has a 52 week low of $266.99 and a 52 week high of $358.64.

Vanguard Mega Cap Growth ETF 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.