Vanguard Mega Cap ETF (MGC) To Go Ex-Dividend on September 28th

Vanguard Mega Cap ETF (NYSEARCA:MGC) announced a quarterly dividend on Tuesday, January 27th. Investors of record on Monday, September 28th will be given a dividend of $0.6481 per share on Wednesday, September 30th. This represents a $2.59 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Monday, September 28th. This is a 0.4% decrease from Vanguard Mega Cap ETF’s previous quarterly dividend of $0.6510.

Vanguard Mega Cap ETF Trading Up 0.5%

Shares of MGC stock opened at $286.19 on Friday. The company has a market capitalization of $10.51 billion, a price-to-earnings ratio of 26.06 and a beta of 1.02. The firm has a 50-day moving average price of $279.68 and a 200 day moving average price of $268.27. Vanguard Mega Cap ETF has a twelve month low of $228.37 and a twelve month high of $287.52.

Hedge Funds Weigh In On Vanguard Mega Cap ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE raised its holdings 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 acquiring an additional 5,869 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of 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 last quarter. One Capital Management LLC grew its position in shares of Vanguard Mega Cap ETF by 3.9% in the fourth quarter. One Capital Management LLC now owns 175,968 shares of the company’s stock valued at $44,198,000 after purchasing an additional 6,645 shares during the period. Ieq Capital LLC grew its position in shares of Vanguard Mega Cap ETF by 0.4% in the fourth quarter. Ieq Capital LLC now owns 163,346 shares of the company’s stock valued at $41,028,000 after purchasing an additional 699 shares during the period. Finally, Rockefeller Capital Management L.P. increased its stake in Vanguard Mega Cap ETF by 20.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 151,253 shares of the company’s stock valued at $37,990,000 after purchasing an additional 25,550 shares during the last quarter.

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.