American Trust Purchases New Position in Vanguard Mega Cap Growth ETF $MGK

American Trust acquired a new position in shares of Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 113,291 shares of the company’s stock, valued at approximately $41,484,000. Vanguard Mega Cap Growth ETF comprises 3.9% of American Trust’s portfolio, making the stock its 6th largest holding.

Other institutional investors also recently made changes to their positions in the company. Dogwood Wealth Management LLC bought a new position in shares of Vanguard Mega Cap Growth ETF during the second quarter worth approximately $27,000. Harbor Asset Planning Inc. acquired a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter valued at $28,000. Atlantic Union Bankshares Corp acquired a new position in Vanguard Mega Cap Growth ETF in the 2nd quarter valued at $30,000. Safe Harbor Fiduciary LLC bought a new position in Vanguard Mega Cap Growth ETF during the 1st quarter worth $32,000. Finally, Dynamic Wealth Strategies LLC acquired a new stake in shares of Vanguard Mega Cap Growth ETF during the second quarter worth $44,000.

Vanguard Mega Cap Growth ETF Stock Performance

Shares of Vanguard Mega Cap Growth ETF stock opened at $409.77 on Monday. The firm has a 50-day moving average of $410.59 and a 200-day moving average of $388.56. Vanguard Mega Cap Growth ETF has a 52-week low of $262.65 and a 52-week high of $426.80. The stock has a market cap of $31.76 billion, a PE ratio of 37.33 and a beta of 1.18.

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.