Vanguard Mega Cap ETF (NYSEARCA:MGC) Shares Acquired by Financial Freedom LLC

Financial Freedom LLC increased its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 5.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,307 shares of the company’s stock after buying an additional 496 shares during the period. Vanguard Mega Cap ETF comprises approximately 1.0% of Financial Freedom LLC’s holdings, making the stock its 29th biggest holding. Financial Freedom LLC’s holdings in Vanguard Mega Cap ETF were worth $1,923,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in MGC. New York Life Investment Management LLC lifted its stake in shares of Vanguard Mega Cap ETF by 9.8% in the second quarter. New York Life Investment Management LLC now owns 601,732 shares of the company’s stock worth $118,716,000 after acquiring an additional 53,817 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Vanguard Mega Cap ETF by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 443,796 shares of the company’s stock worth $87,556,000 after buying an additional 3,073 shares in the last quarter. Apella Capital LLC grew its position in shares of Vanguard Mega Cap ETF by 14.8% during the third quarter. Apella Capital LLC now owns 441,217 shares of the company’s stock worth $90,220,000 after buying an additional 56,991 shares in the last quarter. Leavell Investment Management Inc. increased its stake in shares of 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 worth $85,225,000 after buying an additional 15,031 shares during the last quarter. Finally, Cadence Bank raised its holdings 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 acquiring an additional 3,101 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

Shares of MGC stock opened at $205.93 on Friday. The firm has a fifty day moving average of $204.83 and a two-hundred day moving average of $196.99. The firm has a market cap of $5.94 billion, a P/E ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 1-year low of $152.45 and a 1-year high of $210.83.

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.