Accel Wealth Management Purchases 7,862 Shares of Vanguard Mega Cap Growth ETF $MGK

Accel Wealth Management lifted its position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 387.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,890 shares of the company’s stock after purchasing an additional 7,862 shares during the quarter. Accel Wealth Management’s holdings in Vanguard Mega Cap Growth ETF were worth $869,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of MGK. Praetorian Wealth Management Inc. lifted its position in Vanguard Mega Cap Growth ETF by 407.9% in the second quarter. Praetorian Wealth Management Inc. now owns 855,232 shares of the company’s stock worth $75,183,000 after purchasing an additional 686,835 shares during the period. FC Advisory LLC boosted its stake in Vanguard Mega Cap Growth ETF by 392.2% during the second quarter. FC Advisory LLC now owns 459,040 shares of the company’s stock worth $40,354,000 after buying an additional 365,775 shares in the last quarter. Morgan Stanley increased its holdings in Vanguard Mega Cap Growth ETF by 11.7% in the 4th quarter. Morgan Stanley now owns 2,651,172 shares of the company’s stock valued at $1,094,325,000 after buying an additional 277,446 shares during the period. CX Institutional increased its holdings in Vanguard Mega Cap Growth ETF by 364.0% in the 2nd quarter. CX Institutional now owns 344,313 shares of the company’s stock valued at $30,269,000 after buying an additional 270,114 shares during the period. Finally, Fifth Third Bancorp increased its holdings in Vanguard Mega Cap Growth ETF by 75,906.0% in the 1st quarter. Fifth Third Bancorp now owns 226,498 shares of the company’s stock valued at $83,225,000 after buying an additional 226,200 shares during the period.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK stock opened at $90.00 on Wednesday. The firm has a fifty day moving average of $87.49 and a 200-day moving average of $83.13. The stock has a market cap of $33.86 billion, a price-to-earnings ratio of 37.33 and a beta of 1.24. Vanguard Mega Cap Growth ETF has a 52-week low of $70.32 and a 52-week high of $92.38.

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.