Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) is American Trust’s 10th Largest Position

American Trust lessened its stake in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 7.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 93,893 shares of the company’s stock after selling 7,034 shares during the period. Vanguard Mega Cap Growth ETF accounts for approximately 2.5% of American Trust’s portfolio, making the stock its 10th biggest position. American Trust owned about 0.14% of Vanguard Mega Cap Growth ETF worth $30,229,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. PSI Advisors LLC acquired a new position in shares of Vanguard Mega Cap Growth ETF in the 2nd quarter valued at $25,000. Rothschild Investment LLC acquired a new position in Vanguard Mega Cap Growth ETF in the second quarter valued at about $31,000. Peterson Financial Group Inc. purchased a new position in Vanguard Mega Cap Growth ETF during the third quarter worth about $33,000. Trifecta Capital Advisors LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the second quarter valued at about $45,000. Finally, Bfsg LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 386.7% during the third quarter. Bfsg LLC now owns 146 shares of the company’s stock valued at $47,000 after acquiring an additional 116 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of MGK stock opened at $354.21 on Friday. Vanguard Mega Cap Growth ETF has a one year low of $250.79 and a one year high of $356.62. The firm’s 50 day moving average price is $334.16 and its 200-day moving average price is $318.90. The firm has a market cap of $23.45 billion, a P/E ratio of 42.92 and a beta of 1.28.

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.