Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) Shares Acquired by OneAscent Wealth Management LLC

OneAscent Wealth Management LLC boosted its holdings in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 80.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,638 shares of the company’s stock after acquiring an additional 731 shares during the period. OneAscent Wealth Management LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $563,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Captrust Financial Advisors raised its stake in Vanguard Mega Cap Growth ETF by 756.3% during the third quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock worth $513,465,000 after acquiring an additional 1,408,609 shares during the period. World Investment Advisors LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 36,249.8% during the 3rd quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock worth $204,331,000 after purchasing an additional 632,921 shares during the period. Proficio Capital Partners LLC raised its position in shares of Vanguard Mega Cap Growth ETF by 34,241.0% during the 4th quarter. Proficio Capital Partners LLC now owns 393,204 shares of the company’s stock worth $135,030,000 after purchasing an additional 392,059 shares during the period. Strategic Financial Concepts LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF in the 4th quarter worth approximately $82,803,000. Finally, Raymond James Financial Inc. acquired a new position in Vanguard Mega Cap Growth ETF during the 4th quarter valued at approximately $79,888,000.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA MGK opened at $308.50 on Friday. The firm has a market capitalization of $22.49 billion, a PE ratio of 35.83 and a beta of 1.15. Vanguard Mega Cap Growth ETF has a 1-year low of $266.99 and a 1-year high of $358.64. The business’s fifty day moving average price is $337.07 and its two-hundred day moving average price is $335.48.

Vanguard Mega Cap Growth ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a $0.3397 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This is an increase from Vanguard Mega Cap Growth ETF’s previous dividend of $0.31.

Vanguard Mega Cap Growth ETF Company 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.