Clark Capital Management Group Inc. Acquires New Position in Vanguard Mega Cap ETF $MGC

Clark Capital Management Group Inc. acquired a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,792 shares of the company’s stock, valued at approximately $562,000.

A number of other large investors have also recently modified their holdings of MGC. POM Investment Strategies LLC acquired a new position in shares of Vanguard Mega Cap ETF during the 1st quarter worth $52,000. NorthRock Partners LLC bought a new position in Vanguard Mega Cap ETF in the first quarter valued at about $56,000. Golden State Wealth Management LLC raised its stake in Vanguard Mega Cap ETF by 137.0% during the first quarter. Golden State Wealth Management LLC now owns 320 shares of the company’s stock worth $64,000 after acquiring an additional 185 shares in the last quarter. Dagco Inc. bought a new position in shares of Vanguard Mega Cap ETF in the first quarter worth about $79,000. Finally, Costello Asset Management INC acquired a new stake in shares of Vanguard Mega Cap ETF in the 1st quarter valued at approximately $81,000.

Vanguard Mega Cap ETF Trading Down 0.3%

Shares of Vanguard Mega Cap ETF stock opened at $236.06 on Friday. The firm’s 50 day moving average is $230.92 and its 200 day moving average is $215.01. The firm has a market capitalization of $7.63 billion, a PE ratio of 26.06 and a beta of 1.00. Vanguard Mega Cap ETF has a 1 year low of $173.32 and a 1 year high of $238.05.

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.