Vanguard Mega Cap ETF $MGC Shares Bought by Physician Wealth Advisors Inc.

Physician Wealth Advisors Inc. lifted its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 6.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 42,197 shares of the company’s stock after purchasing an additional 2,594 shares during the period. Vanguard Mega Cap ETF comprises 1.5% of Physician Wealth Advisors Inc.’s investment portfolio, making the stock its 21st biggest position. Physician Wealth Advisors Inc. owned about 0.12% of Vanguard Mega Cap ETF worth $10,300,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of MGC. Atlantic Union Bankshares Corp raised its holdings in shares of Vanguard Mega Cap ETF by 8.3% during the third quarter. Atlantic Union Bankshares Corp now owns 5,856 shares of the company’s stock valued at $1,429,000 after acquiring an additional 447 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Vanguard Mega Cap ETF by 20.5% during the third quarter. Jones Financial Companies Lllp now owns 49,466 shares of the company’s stock worth $12,024,000 after buying an additional 8,402 shares in the last quarter. FDx Advisors Inc. lifted its stake in shares of Vanguard Mega Cap ETF by 200.0% in the third quarter. FDx Advisors Inc. now owns 25,294 shares of the company’s stock worth $6,363,000 after buying an additional 16,864 shares in the last quarter. Thrivent Financial for Lutherans purchased a new position in Vanguard Mega Cap ETF in the 3rd quarter worth approximately $37,283,000. Finally, Keybank National Association OH acquired a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter worth $418,000.

Vanguard Mega Cap ETF Trading Up 0.5%

Vanguard Mega Cap ETF stock opened at $254.89 on Tuesday. The company has a 50-day moving average price of $252.16 and a 200 day moving average price of $244.51. Vanguard Mega Cap ETF has a 12-month low of $173.32 and a 12-month high of $255.75. The stock has a market cap of $10.00 billion, a P/E ratio of 26.06 and a beta of 1.01.

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.