Vanguard Mega Cap ETF (NYSEARCA:MGC) Shares Purchased by David Kennon Inc

David Kennon Inc boosted its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 2.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 12,232 shares of the company’s stock after purchasing an additional 289 shares during the period. Vanguard Mega Cap ETF comprises approximately 1.0% of David Kennon Inc’s portfolio, making the stock its 22nd largest position. David Kennon Inc’s holdings in Vanguard Mega Cap ETF were worth $2,413,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in MGC. International Assets Investment Management LLC increased its holdings in Vanguard Mega Cap ETF by 16,858.6% in the 4th quarter. International Assets Investment Management LLC now owns 61,051 shares of the company’s stock valued at $10,335,000 after purchasing an additional 60,691 shares during the last quarter. CWM LLC boosted its position in Vanguard Mega Cap ETF by 6.7% in the 4th quarter. CWM LLC now owns 1,747 shares of the company’s stock valued at $296,000 after buying an additional 110 shares during the period. Syon Capital LLC purchased a new position in Vanguard Mega Cap ETF in the 4th quarter valued at approximately $339,000. Truist Financial Corp boosted its position in Vanguard Mega Cap ETF by 33.0% in the 4th quarter. Truist Financial Corp now owns 328,112 shares of the company’s stock valued at $55,543,000 after buying an additional 81,489 shares during the period. Finally, Choreo LLC purchased a new position in Vanguard Mega Cap ETF in the 4th quarter valued at approximately $1,551,000.

Vanguard Mega Cap ETF Stock Up 1.0 %

MGC stock traded up $2.07 during midday trading on Friday, hitting $202.63. The company’s stock had a trading volume of 48,482 shares, compared to its average volume of 81,312. Vanguard Mega Cap ETF has a 52-week low of $145.94 and a 52-week high of $204.72. The firm has a market capitalization of $5.84 billion, a P/E ratio of 26.93 and a beta of 1.02. The firm has a 50-day simple moving average of $197.99 and a 200-day simple moving average of $189.52.

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.