Vanguard Mega Cap ETF $MGC is Steph & Co.’s 10th Largest Position

Steph & Co. lifted its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 18.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 35,226 shares of the company’s stock after purchasing an additional 5,499 shares during the period. Vanguard Mega Cap ETF accounts for about 2.6% of Steph & Co.’s investment portfolio, making the stock its 10th biggest position. Steph & Co. owned approximately 0.11% of Vanguard Mega Cap ETF worth $7,923,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. Harbor Investment Advisory LLC purchased a new stake in Vanguard Mega Cap ETF during the second quarter worth $27,000. POM Investment Strategies LLC purchased a new stake in Vanguard Mega Cap ETF during the first quarter worth $52,000. NorthRock Partners LLC purchased a new stake in Vanguard Mega Cap ETF during the first quarter worth $56,000. Golden State Wealth Management LLC lifted its holdings in Vanguard Mega Cap ETF by 137.0% during the first quarter. Golden State Wealth Management LLC now owns 320 shares of the company’s stock worth $64,000 after buying an additional 185 shares during the period. Finally, Dagco Inc. purchased a new stake in Vanguard Mega Cap ETF during the first quarter worth $79,000.

Vanguard Mega Cap ETF Stock Down 0.4%

Vanguard Mega Cap ETF stock opened at $241.94 on Friday. The business has a fifty day moving average of $235.09 and a two-hundred day moving average of $217.78. The firm has a market cap of $7.82 billion, a P/E ratio of 26.06 and a beta of 1.00. Vanguard Mega Cap ETF has a twelve month low of $173.32 and a twelve month high of $245.68.

Vanguard Mega Cap ETF Company Profile

The Vanguard Mega Cap ETF (MGC) is an exchange-traded fund that is based on the CRSP US Mega Cap index, a market-cap-weighted index that covers 70% of the market capitalization of the US equity market. MGC was launched on Dec 24, 2007 and is managed by Vanguard.