OneAscent Wealth Management LLC Invests $292,000 in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

OneAscent Wealth Management LLC bought a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 907 shares of the company’s stock, valued at approximately $292,000.

Several other hedge funds have also added to or reduced their stakes in the company. PSI Advisors LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter worth approximately $25,000. Rothschild Investment LLC bought a new position in Vanguard Mega Cap Growth ETF during the 2nd quarter worth $31,000. Peterson Financial Group Inc. acquired a new position in Vanguard Mega Cap Growth ETF in the 3rd quarter valued at $33,000. Redmont Wealth Advisors LLC bought a new stake in shares of Vanguard Mega Cap Growth ETF during the 2nd quarter valued at $35,000. Finally, Pineridge Advisors LLC grew its holdings in shares of Vanguard Mega Cap Growth ETF by 115.7% during the 1st quarter. Pineridge Advisors LLC now owns 151 shares of the company’s stock worth $43,000 after purchasing an additional 81 shares in the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of NYSEARCA MGK opened at $332.54 on Tuesday. The stock has a market capitalization of $22.01 billion, a P/E ratio of 42.92 and a beta of 1.28. The stock’s fifty day moving average is $324.53 and its 200 day moving average is $312.41. Vanguard Mega Cap Growth ETF has a 52 week low of $246.18 and a 52 week high of $342.22.

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.