APS Management Group Inc. Makes New Investment in Vanguard Mega Cap ETF $MGC

APS Management Group Inc. purchased a new position in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 34,977 shares of the company’s stock, valued at approximately $8,538,000. Vanguard Mega Cap ETF comprises about 6.0% of APS Management Group Inc.’s portfolio, making the stock its 3rd largest position. APS Management Group Inc. owned 0.10% of Vanguard Mega Cap ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in MGC. Orion Porfolio Solutions LLC raised its position in Vanguard Mega Cap ETF by 577.3% in the second quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock worth $235,127,000 after acquiring an additional 891,030 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Vanguard Mega Cap ETF by 65.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 863,882 shares of the company’s stock worth $194,304,000 after buying an additional 341,492 shares in the last quarter. New York Life Investment Management LLC increased its holdings in shares of Vanguard Mega Cap ETF by 15.4% in the 2nd quarter. New York Life Investment Management LLC now owns 576,611 shares of the company’s stock valued at $129,691,000 after acquiring an additional 76,736 shares during the period. Leavell Investment Management Inc. raised its stake in Vanguard Mega Cap ETF by 2.7% in the second quarter. Leavell Investment Management Inc. now owns 494,163 shares of the company’s stock valued at $111,419,000 after buying an additional 13,201 shares during the last quarter. Finally, Wooster Corthell Wealth Management Inc. raised its position in Vanguard Mega Cap ETF by 1.4% during the 2nd quarter. Wooster Corthell Wealth Management Inc. now owns 481,051 shares of the company’s stock worth $108,198,000 after buying an additional 6,801 shares during the last quarter.

Vanguard Mega Cap ETF Stock Performance

MGC stock opened at $253.83 on Wednesday. The firm has a market cap of $9.22 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a one year low of $173.32 and a one year high of $254.68. The firm’s fifty day moving average is $250.17 and its 200 day moving average is $240.75.

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.