Stifel Financial Corp Has $1.59 Million Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Stifel Financial Corp lifted its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 2.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,668 shares of the company’s stock after buying an additional 217 shares during the period. Stifel Financial Corp’s holdings in Vanguard Mega Cap ETF were worth $1,585,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. David Kennon Inc boosted its position in shares of Vanguard Mega Cap ETF by 2.4% during the second quarter. David Kennon Inc now owns 12,232 shares of the company’s stock worth $2,413,000 after buying an additional 289 shares during the period. SNS Financial Group LLC increased its holdings in Vanguard Mega Cap ETF by 11.9% during the second quarter. SNS Financial Group LLC now owns 12,465 shares of the company’s stock worth $2,467,000 after buying an additional 1,322 shares during the last quarter. Clear Creek Financial Management LLC increased its stake in shares of Vanguard Mega Cap ETF by 0.9% during the 2nd quarter. Clear Creek Financial Management LLC now owns 12,556 shares of the company’s stock worth $2,477,000 after purchasing an additional 109 shares during the last quarter. Capital Advisors Ltd. LLC raised its stake in Vanguard Mega Cap ETF by 4.3% in the second quarter. Capital Advisors Ltd. LLC now owns 1,920 shares of the company’s stock valued at $379,000 after buying an additional 80 shares during the period. Finally, Raymond James Trust N.A. acquired a new position in shares of Vanguard Mega Cap ETF during the 2nd quarter worth approximately $211,000.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC stock opened at $215.15 on Friday. The company has a market capitalization of $6.20 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 52 week low of $166.14 and a 52 week high of $220.49. The company has a 50-day simple moving average of $213.38 and a 200 day simple moving average of $204.31.

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.