Conning Inc. Invests $1.33 Million in Vanguard Mega Cap ETF $MGC

Conning Inc. purchased a new position in Vanguard Mega Cap ETF (NYSEARCA:MGCFree Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 5,427 shares of the company’s stock, valued at approximately $1,325,000.

Other large investors have also recently made changes to their positions in the company. Orion Porfolio Solutions LLC raised its stake in shares of 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 purchasing an additional 891,030 shares during the last quarter. RiverFront Investment Group LLC boosted its position in Vanguard Mega Cap ETF by 30,480.3% during the second quarter. RiverFront Investment Group LLC now owns 476,135 shares of the company’s stock worth $107,092,000 after purchasing an additional 474,578 shares in the last quarter. Procyon Advisors LLC acquired a new position in Vanguard Mega Cap ETF during the third quarter worth $111,919,000. Envestnet Asset Management Inc. raised 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 purchasing an additional 341,492 shares during the last quarter. Finally, Investment Planning Advisors Inc. acquired a new stake in shares of Vanguard Mega Cap ETF in the third quarter worth approximately $33,407,000.

Vanguard Mega Cap ETF Trading Down 0.7%

Shares of NYSEARCA MGC opened at $252.76 on Thursday. Vanguard Mega Cap ETF has a 12-month low of $173.32 and a 12-month high of $255.60. The stock has a market cap of $9.92 billion, a PE ratio of 26.06 and a beta of 1.01. The company has a 50-day moving average of $250.50 and a 200 day moving average of $241.98.

About Vanguard Mega Cap ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Mega Cap ETF (NYSEARCA:MGC)

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