Vanguard Mega Cap ETF $MGC Shares Acquired by Ascent Group LLC

Ascent Group LLC boosted its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 103.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 207,450 shares of the company’s stock after buying an additional 105,551 shares during the period. Vanguard Mega Cap ETF makes up approximately 1.8% of Ascent Group LLC’s investment portfolio, making the stock its 8th largest position. Ascent Group LLC owned about 0.59% of Vanguard Mega Cap ETF worth $50,636,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of MGC. Kilter Group LLC bought a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter worth approximately $26,000. Harbor Investment Advisory LLC acquired a new position in Vanguard Mega Cap ETF during the second quarter valued at approximately $27,000. St. Johns Investment Management Company LLC bought a new stake in Vanguard Mega Cap ETF during the second quarter worth $34,000. Bank of Montreal Can boosted its holdings in shares of Vanguard Mega Cap ETF by 110.8% in the 2nd quarter. Bank of Montreal Can now owns 333 shares of the company’s stock valued at $75,000 after purchasing an additional 175 shares in the last quarter. Finally, Golden State Wealth Management LLC boosted its holdings in shares of Vanguard Mega Cap ETF by 285.6% in the 2nd quarter. Golden State Wealth Management LLC now owns 617 shares of the company’s stock valued at $139,000 after purchasing an additional 457 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $252.82 on Wednesday. Vanguard Mega Cap ETF has a 52-week low of $173.32 and a 52-week high of $254.68. The firm has a market cap of $8.86 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. The business’s fifty day moving average is $249.88 and its 200-day moving average is $239.53.

About Vanguard Mega Cap ETF

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.