SBI Securities Co. Ltd. Buys New Shares in Vanguard Mega Cap ETF (NYSEARCA:MGC)

SBI Securities Co. Ltd. bought a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 147 shares of the company’s stock, valued at approximately $31,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Captrust Financial Advisors lifted its position in shares of Vanguard Mega Cap ETF by 98.4% in the 3rd quarter. Captrust Financial Advisors now owns 197,628 shares of the company’s stock worth $40,838,000 after purchasing an additional 97,999 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter worth about $16,907,000. Modera Wealth Management LLC lifted its position in shares of Vanguard Mega Cap ETF by 5,628.7% in the 4th quarter. Modera Wealth Management LLC now owns 70,635 shares of the company’s stock worth $15,021,000 after purchasing an additional 69,402 shares during the period. Segment Wealth Management LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the 4th quarter worth about $9,684,000. Finally, Summit Wealth & Retirement Planning Inc. lifted its position in shares of Vanguard Mega Cap ETF by 20.8% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 223,935 shares of the company’s stock worth $47,622,000 after purchasing an additional 38,563 shares during the period.

Vanguard Mega Cap ETF Trading Up 0.6 %

NYSEARCA:MGC opened at $202.06 on Thursday. Vanguard Mega Cap ETF has a 12 month low of $176.66 and a 12 month high of $222.75. The stock has a market cap of $6.21 billion, a price-to-earnings ratio of 27.81 and a beta of 1.01. The company has a 50-day moving average price of $215.77 and a 200-day moving average price of $211.84.

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.