Vanguard Mega Cap ETF (NYSEARCA:MGC) Stock Position Lifted by Advisory Services Network LLC

Advisory Services Network LLC raised its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 2.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,922 shares of the company’s stock after buying an additional 74 shares during the quarter. Advisory Services Network LLC’s holdings in Vanguard Mega Cap ETF were worth $621,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MGC. Golden State Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at approximately $29,000. Decker Retirement Planning Inc. acquired a new position in shares of Vanguard Mega Cap ETF during the fourth quarter valued at about $30,000. SBI Securities Co. Ltd. bought a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at about $31,000. Key Financial Inc acquired a new stake in Vanguard Mega Cap ETF during the fourth quarter worth about $40,000. Finally, Tsfg LLC bought a new position in Vanguard Mega Cap ETF during the fourth quarter valued at about $42,000.

Vanguard Mega Cap ETF Price Performance

Shares of MGC stock opened at $194.22 on Wednesday. Vanguard Mega Cap ETF has a one year low of $173.32 and a one year high of $222.75. The stock has a fifty day moving average price of $206.34 and a 200 day moving average price of $211.05. The stock has a market cap of $5.92 billion, a P/E ratio of 25.62 and a beta of 1.02.

Vanguard Mega Cap ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were given a $0.5985 dividend. The ex-dividend date of this dividend was Thursday, March 27th.

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.