RWA Wealth Partners LLC Reduces Stock Position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

RWA Wealth Partners LLC reduced its holdings in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 16.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,961 shares of the company’s stock after selling 807 shares during the quarter. RWA Wealth Partners LLC’s holdings in Vanguard Mega Cap Growth ETF were worth $1,360,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Allianz SE bought a new position in Vanguard Mega Cap Growth ETF in the fourth quarter worth about $263,000. Tucker Asset Management LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 21,800.0% in the 4th quarter. Tucker Asset Management LLC now owns 219 shares of the company’s stock worth $75,000 after purchasing an additional 218 shares during the last quarter. OneAscent Wealth Management LLC boosted its position in Vanguard Mega Cap Growth ETF by 80.6% during the 4th quarter. OneAscent Wealth Management LLC now owns 1,638 shares of the company’s stock valued at $563,000 after purchasing an additional 731 shares during the period. Maridea Wealth Management LLC bought a new position in Vanguard Mega Cap Growth ETF during the 4th quarter worth $424,000. Finally, Brown Brothers Harriman & Co. bought a new stake in Vanguard Mega Cap Growth ETF in the fourth quarter valued at $90,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK opened at $308.88 on Tuesday. Vanguard Mega Cap Growth ETF has a 1 year low of $266.99 and a 1 year high of $358.64. The firm has a fifty day moving average of $336.31 and a 200-day moving average of $335.84. The company has a market cap of $22.51 billion, a price-to-earnings ratio of 35.83 and a beta of 1.15.

Vanguard Mega Cap Growth ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a $0.3397 dividend. This is a boost from Vanguard Mega Cap Growth ETF’s previous dividend of $0.31. The ex-dividend date was Thursday, March 27th.

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.