American Financial & Tax Strategies Inc. Raises Stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK)

American Financial & Tax Strategies Inc. grew its stake in Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) by 1.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 18,269 shares of the company’s stock after buying an additional 273 shares during the period. Vanguard Mega Cap Growth ETF comprises approximately 3.3% of American Financial & Tax Strategies Inc.’s holdings, making the stock its 7th biggest position. American Financial & Tax Strategies Inc.’s holdings in Vanguard Mega Cap Growth ETF were worth $6,274,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in MGK. Captrust Financial Advisors lifted its stake in shares of Vanguard Mega Cap Growth ETF by 756.3% during the 3rd quarter. Captrust Financial Advisors now owns 1,594,858 shares of the company’s stock worth $513,465,000 after acquiring an additional 1,408,609 shares during the last quarter. World Investment Advisors LLC increased its holdings in Vanguard Mega Cap Growth ETF by 36,249.8% during the third quarter. World Investment Advisors LLC now owns 634,667 shares of the company’s stock valued at $204,331,000 after buying an additional 632,921 shares during the period. Assetmark Inc. raised its stake in Vanguard Mega Cap Growth ETF by 3.8% in the third quarter. Assetmark Inc. now owns 7,453,268 shares of the company’s stock worth $2,399,580,000 after buying an additional 271,905 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in Vanguard Mega Cap Growth ETF during the 4th quarter valued at $82,803,000. Finally, International Assets Investment Management LLC increased its holdings in shares of Vanguard Mega Cap Growth ETF by 32,115.7% in the 3rd quarter. International Assets Investment Management LLC now owns 129,185 shares of the company’s stock valued at $41,591,000 after acquiring an additional 128,784 shares during the period.

Vanguard Mega Cap Growth ETF Price Performance

Shares of NYSEARCA MGK opened at $353.00 on Friday. Vanguard Mega Cap Growth ETF has a 1-year low of $266.99 and a 1-year high of $358.61. The business has a fifty day moving average price of $348.73 and a 200 day moving average price of $328.96. The stock has a market capitalization of $23.37 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.