Accredited Investors Inc. Sells 249 Shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

Accredited Investors Inc. lowered its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. 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 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PSI Advisors LLC acquired a new position in Vanguard Mega Cap Growth ETF in the second quarter valued at about $25,000. Rothschild Investment LLC bought a new position in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at about $31,000. Redmont Wealth Advisors LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $35,000. Trifecta Capital Advisors LLC acquired a new position in Vanguard Mega Cap Growth ETF during the second quarter worth $45,000. Finally, Bfsg LLC raised its holdings in shares of Vanguard Mega Cap Growth ETF by 386.7% in the 3rd quarter. Bfsg LLC now owns 146 shares of the company’s stock valued at $47,000 after purchasing an additional 116 shares during the period.

Vanguard Mega Cap Growth ETF Stock Down 2.2 %

MGK opened at $331.20 on Friday. Vanguard Mega Cap Growth ETF has a 12-month low of $246.18 and a 12-month high of $342.22. The business has a 50 day moving average of $323.93 and a 200-day moving average of $311.74. The stock has a market cap of $21.92 billion, a price-to-earnings ratio of 42.92 and a beta of 1.28.

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.