St. Johns Investment Management Company LLC Invests $34,000 in Vanguard Mega Cap ETF $MGC

St. Johns Investment Management Company LLC purchased a new position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 150 shares of the company’s stock, valued at approximately $34,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MGC. Envestnet Asset Management Inc. raised its stake in shares of Vanguard Mega Cap ETF by 19.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 522,390 shares of the company’s stock valued at $105,199,000 after acquiring an additional 83,569 shares in the last quarter. Wooster Corthell Wealth Management Inc. raised its stake in shares of Vanguard Mega Cap ETF by 1.4% in the 2nd quarter. Wooster Corthell Wealth Management Inc. now owns 481,051 shares of the company’s stock valued at $108,198,000 after acquiring an additional 6,801 shares in the last quarter. Leavell Investment Management Inc. raised its stake in shares of Vanguard Mega Cap ETF by 2.3% in the 1st quarter. Leavell Investment Management Inc. now owns 480,962 shares of the company’s stock valued at $96,856,000 after acquiring an additional 10,926 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Vanguard Mega Cap ETF by 2,183.2% in the 1st quarter. Jones Financial Companies Lllp now owns 476,255 shares of the company’s stock valued at $95,908,000 after acquiring an additional 455,396 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of Vanguard Mega Cap ETF by 2.5% in the 1st quarter. LPL Financial LLC now owns 440,223 shares of the company’s stock valued at $88,652,000 after acquiring an additional 10,778 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC stock opened at $246.33 on Wednesday. The stock’s 50 day simple moving average is $240.10 and its 200 day simple moving average is $223.21. Vanguard Mega Cap ETF has a twelve month low of $173.32 and a twelve month high of $247.39. The company has a market capitalization of $8.63 billion, a price-to-earnings ratio of 26.06 and a beta of 1.00.

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.