Zhang Financial LLC Acquires 1,342 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Zhang Financial LLC lifted its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 5.7% in the second quarter, according to its most recent filing with the SEC. The firm owned 24,734 shares of the company’s stock after acquiring an additional 1,342 shares during the period. Zhang Financial LLC owned approximately 0.09% of Vanguard Mega Cap ETF worth $4,880,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its position in Vanguard Mega Cap ETF by 18.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 503,356 shares of the company’s stock valued at $85,208,000 after buying an additional 79,645 shares in the last quarter. New York Life Investment Management LLC boosted its position in Vanguard Mega Cap ETF by 14.3% in the fourth quarter. New York Life Investment Management LLC now owns 473,152 shares of the company’s stock valued at $80,095,000 after buying an additional 59,183 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in Vanguard Mega Cap ETF by 2.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 437,600 shares of the company’s stock valued at $74,077,000 after buying an additional 10,276 shares in the last quarter. Leavell Investment Management Inc. boosted its position in Vanguard Mega Cap ETF by 3.6% in the second quarter. Leavell Investment Management Inc. now owns 430,635 shares of the company’s stock valued at $85,225,000 after buying an additional 15,031 shares in the last quarter. Finally, Cadence Bank boosted its position in Vanguard Mega Cap ETF by 0.7% in the first quarter. Cadence Bank now owns 425,246 shares of the company’s stock valued at $79,466,000 after buying an additional 3,101 shares in the last quarter.

Vanguard Mega Cap ETF Stock Up 0.5 %

NYSEARCA:MGC traded up $1.00 on Monday, reaching $201.12. The stock had a trading volume of 178,018 shares, compared to its average volume of 81,925. The company has a market capitalization of $5.80 billion, a P/E ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 1-year low of $145.94 and a 1-year high of $204.72. The stock has a fifty day moving average price of $197.32 and a 200-day moving average price of $188.73.

Vanguard Mega Cap ETF 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.