Vanguard Mega Cap ETF $MGC Shares Newly Purchased by Segment Wealth Management LLC

Segment Wealth Management LLC acquired a new position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 36,965 shares of the company’s stock, valued at approximately $10,436,000. Segment Wealth Management LLC owned approximately 0.10% of Vanguard Mega Cap ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in MGC. Bank of America Corp DE increased its stake in Vanguard Mega Cap ETF by 0.4% in the 1st quarter. Bank of America Corp DE now owns 1,561,792 shares of the company’s stock valued at $369,130,000 after buying an additional 5,869 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new position in shares of Vanguard Mega Cap ETF during the 3rd quarter worth $176,493,000. PNC Financial Services Group Inc. boosted its position in Vanguard Mega Cap ETF by 0.9% during the first quarter. PNC Financial Services Group Inc. now owns 437,692 shares of the company’s stock worth $103,449,000 after purchasing an additional 4,105 shares during the period. Investment Planning Advisors Inc. grew its stake in Vanguard Mega Cap ETF by 11.5% in the 1st quarter. Investment Planning Advisors Inc. now owns 151,958 shares of the company’s stock valued at $35,915,000 after buying an additional 15,704 shares in the last quarter. Finally, Capital Investment Advisors LLC bought a new stake in shares of Vanguard Mega Cap ETF during the 3rd quarter valued at $30,835,000.

Vanguard Mega Cap ETF Trading Up 0.7%

Shares of Vanguard Mega Cap ETF stock opened at $281.42 on Tuesday. Vanguard Mega Cap ETF has a 12-month low of $228.37 and a 12-month high of $289.10. The company has a market cap of $10.25 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. The company’s 50-day moving average price is $282.76 and its 200-day moving average price is $266.45.

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.