Ascent Group LLC Increases Position in Vanguard Mega Cap ETF $MGC

Ascent Group LLC boosted its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 2.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 212,869 shares of the company’s stock after purchasing an additional 5,419 shares during the quarter. Vanguard Mega Cap ETF comprises 1.8% of Ascent Group LLC’s holdings, making the stock its 9th biggest position. Ascent Group LLC owned approximately 0.54% of Vanguard Mega Cap ETF worth $53,466,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MGC. National Wealth Management Group LLC lifted its holdings in Vanguard Mega Cap ETF by 2.6% in the fourth quarter. National Wealth Management Group LLC now owns 1,568 shares of the company’s stock worth $394,000 after purchasing an additional 40 shares during the period. Pinnacle Financial Partners Inc. lifted its stake in shares of Vanguard Mega Cap ETF by 1.4% in the 3rd quarter. Pinnacle Financial Partners Inc. now owns 3,089 shares of the company’s stock worth $754,000 after acquiring an additional 42 shares during the period. Keystone Financial Group boosted its holdings in shares of Vanguard Mega Cap ETF by 2.8% in the third quarter. Keystone Financial Group now owns 1,666 shares of the company’s stock valued at $407,000 after acquiring an additional 46 shares in the last quarter. Savant Capital LLC boosted its holdings in shares of Vanguard Mega Cap ETF by 0.4% in the third quarter. Savant Capital LLC now owns 12,410 shares of the company’s stock valued at $3,029,000 after acquiring an additional 51 shares in the last quarter. Finally, Larson Financial Group LLC increased its stake in shares of Vanguard Mega Cap ETF by 8.1% during the third quarter. Larson Financial Group LLC now owns 677 shares of the company’s stock valued at $165,000 after acquiring an additional 51 shares during the period.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA MGC opened at $238.41 on Friday. The stock has a fifty day moving average price of $246.22 and a two-hundred day moving average price of $247.92. The firm has a market cap of $9.00 billion, a P/E ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 1 year low of $173.32 and a 1 year high of $255.75.

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.