Baker Ellis Asset Management LLC Makes New Investment in Vanguard Mega Cap ETF $MGC

Baker Ellis Asset Management LLC bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 35,630 shares of the company’s stock, valued at approximately $10,059,000. Baker Ellis Asset Management LLC owned about 0.10% of Vanguard Mega Cap ETF as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in Vanguard Mega Cap ETF by 0.4% in the first quarter. Bank of America Corp DE now owns 1,561,792 shares of the company’s stock valued at $369,130,000 after purchasing an additional 5,869 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in 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 period. Rockefeller Capital Management L.P. raised its position in shares of 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 period. Investment Planning Advisors Inc. raised its holdings in Vanguard Mega Cap ETF by 11.5% in the 1st quarter. Investment Planning Advisors Inc. now owns 151,958 shares of the company’s stock valued at $35,915,000 after acquiring an additional 15,704 shares during the period. Finally, Praetorian Wealth Management Inc. lifted its position in Vanguard Mega Cap ETF by 1.8% during the second quarter. Praetorian Wealth Management Inc. now owns 94,598 shares of the company’s stock worth $25,885,000 after acquiring an additional 1,696 shares during the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC stock traded down $3.05 on Wednesday, hitting $284.32. The company’s stock had a trading volume of 80,841 shares, compared to its average volume of 122,377. Vanguard Mega Cap ETF has a fifty-two week low of $228.37 and a fifty-two week high of $289.10. The company has a market capitalization of $10.35 billion, a PE ratio of 26.06 and a beta of 1.01. The stock’s 50 day moving average is $282.88 and its 200-day moving average is $272.12.

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.