Vanguard Mega Cap ETF $MGC Shares Acquired by Steph & Co.

Steph & Co. boosted its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 15.0% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 44,202 shares of the company’s stock after acquiring an additional 5,763 shares during the quarter. Vanguard Mega Cap ETF makes up approximately 3.0% of Steph & Co.’s portfolio, making the stock its 8th largest holding. Steph & Co. owned 0.12% of Vanguard Mega Cap ETF worth $10,447,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Orion Porfolio Solutions LLC raised its holdings in Vanguard Mega Cap ETF by 577.3% during the second quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock valued at $235,127,000 after buying an additional 891,030 shares in the last quarter. Morgan Stanley increased its holdings in shares of Vanguard Mega Cap ETF by 3.1% during the 4th quarter. Morgan Stanley now owns 594,721 shares of the company’s stock valued at $149,376,000 after acquiring an additional 17,646 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of Vanguard Mega Cap ETF by 3.8% during the 4th quarter. Wells Fargo & Company MN now owns 590,775 shares of the company’s stock valued at $148,385,000 after acquiring an additional 21,811 shares during the last quarter. UBS Group AG raised its stake in shares of Vanguard Mega Cap ETF by 3.4% in the 3rd quarter. UBS Group AG now owns 493,819 shares of the company’s stock valued at $120,536,000 after acquiring an additional 16,121 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of Vanguard Mega Cap ETF by 1.2% in the 4th quarter. LPL Financial LLC now owns 486,850 shares of the company’s stock valued at $122,282,000 after acquiring an additional 5,822 shares in the last quarter.

Vanguard Mega Cap ETF Stock Down 1.5%

NYSEARCA:MGC opened at $269.03 on Wednesday. The company’s 50 day moving average is $268.97 and its 200-day moving average is $255.68. Vanguard Mega Cap ETF has a 12 month low of $219.76 and a 12 month high of $280.10. The firm has a market cap of $9.63 billion, a price-to-earnings 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.