StoneX Group Inc. Makes New Investment in Vanguard Mega Cap ETF $MGC

StoneX Group Inc. bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,431 shares of the company’s stock, valued at approximately $3,792,000.

Several other large investors have also recently bought and sold shares of the business. Vantagepoint Investment Advisers LLC purchased a new stake in Vanguard Mega Cap ETF during the 3rd quarter worth about $176,493,000. Verus Financial Partners Inc. purchased a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter valued at about $56,776,000. Commonwealth Equity Services LLC purchased a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter valued at about $46,703,000. Capital Investment Advisors LLC purchased a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter valued at about $30,835,000. Finally, Modera Wealth Management LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the 3rd quarter worth about $18,099,000.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA MGC opened at $269.29 on Friday. The stock’s 50-day simple moving average is $282.15 and its 200-day simple moving average is $267.54. The firm has a market capitalization of $9.82 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a fifty-two week low of $228.37 and a fifty-two week high of $289.10.

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.