Accredited Investors Inc. Has $7.08 Million Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Accredited Investors Inc. cut its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.1% in the 3rd quarter, HoldingsChannel reports. The fund owned 21,977 shares of the company’s stock after selling 249 shares during the quarter. Accredited Investors Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $7,075,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in MGK. PSI Advisors LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the second quarter worth approximately $25,000. Rothschild Investment LLC acquired a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter valued at $31,000. Redmont Wealth Advisors LLC bought a new position in Vanguard Mega Cap Growth ETF during the 2nd quarter worth $35,000. Pineridge Advisors LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 115.7% during the first quarter. Pineridge Advisors LLC now owns 151 shares of the company’s stock worth $43,000 after buying an additional 81 shares in the last quarter. Finally, Trifecta Capital Advisors LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the second quarter valued at about $45,000.

Vanguard Mega Cap Growth ETF Stock Performance

NYSEARCA:MGK opened at $331.20 on Friday. Vanguard Mega Cap Growth ETF has a 52 week low of $246.18 and a 52 week high of $342.22. The firm’s 50-day simple moving average is $323.93 and its 200 day simple moving average is $311.74. The firm has a market cap of $21.92 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28.

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.