Assetmark Inc. Has $3.42 Billion Stock Holdings in Vanguard Mega Cap Growth ETF $MGK

Assetmark Inc. boosted its position in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 7.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,503,196 shares of the company’s stock after acquiring an additional 558,602 shares during the quarter. Vanguard Mega Cap Growth ETF accounts for approximately 7.3% of Assetmark Inc.’s portfolio, making the stock its largest holding. Assetmark Inc. owned about 0.11% of Vanguard Mega Cap Growth ETF worth $3,421,856,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its position in shares of Vanguard Mega Cap Growth ETF by 139.5% during the 4th quarter. Brighton Jones LLC now owns 1,509 shares of the company’s stock valued at $518,000 after purchasing an additional 879 shares during the last quarter. AQR Capital Management LLC grew its position in Vanguard Mega Cap Growth ETF by 127.3% during the first quarter. AQR Capital Management LLC now owns 3,830 shares of the company’s stock valued at $1,183,000 after acquiring an additional 2,145 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Vanguard Mega Cap Growth ETF by 1.4% during the first quarter. Goldman Sachs Group Inc. now owns 107,285 shares of the company’s stock worth $33,138,000 after acquiring an additional 1,483 shares in the last quarter. CWM LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 33.7% in the 2nd quarter. CWM LLC now owns 4,077 shares of the company’s stock worth $1,493,000 after acquiring an additional 1,027 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of Vanguard Mega Cap Growth ETF by 11.6% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 33,606 shares of the company’s stock worth $12,306,000 after acquiring an additional 3,500 shares during the last quarter.

Vanguard Mega Cap Growth ETF Stock Performance

MGK stock opened at $386.83 on Friday. The firm has a market cap of $30.34 billion, a P/E ratio of 37.33 and a beta of 1.18. The firm’s fifty day moving average is $408.71 and its 200 day moving average is $402.37. Vanguard Mega Cap Growth ETF has a 52 week low of $262.65 and a 52 week high of $426.80.

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.