Sovran Advisors LLC Purchases 1,911 Shares of Vanguard Mega Cap ETF $MGC

Sovran Advisors LLC lifted its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 13.2% in the first quarter, HoldingsChannel.com reports. The firm owned 16,344 shares of the company’s stock after purchasing an additional 1,911 shares during the period. Sovran Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $3,863,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Winch Advisory Services LLC purchased a new position in Vanguard Mega Cap ETF during the 1st quarter valued at about $34,000. Blue Trust Inc. bought a new stake in shares of Vanguard Mega Cap ETF in the 4th quarter worth approximately $48,000. Garton & Associates Financial Advisors LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 4th quarter worth approximately $48,000. SHP Wealth Management bought a new stake in shares of Vanguard Mega Cap ETF in the 4th quarter worth approximately $68,000. Finally, Turtle Creek Wealth Advisors LLC purchased a new position in shares of Vanguard Mega Cap ETF during the first quarter valued at approximately $71,000.

Vanguard Mega Cap ETF Stock Performance

Shares of Vanguard Mega Cap ETF stock traded up $1.21 during midday trading on Friday, reaching $276.79. 101,201 shares of the company’s stock traded hands, compared to its average volume of 142,435. The company has a market cap of $10.12 billion, a PE ratio of 26.06 and a beta of 1.01. The stock has a 50 day moving average of $272.74 and a 200-day moving average of $257.61. Vanguard Mega Cap ETF has a 12 month low of $225.44 and a 12 month high of $280.10.

Vanguard Mega Cap ETF Company Profile

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.