Vanguard Mega Cap ETF $MGC Shares Bought by RiverFront Investment Group LLC

RiverFront Investment Group LLC boosted its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 0.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 485,141 shares of the company’s stock after acquiring an additional 3,019 shares during the period. Vanguard Mega Cap ETF comprises about 2.0% of RiverFront Investment Group LLC’s holdings, making the stock its 21st biggest holding. RiverFront Investment Group LLC owned 1.24% of Vanguard Mega Cap ETF worth $121,853,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in MGC. Orion Porfolio Solutions LLC raised its position in Vanguard Mega Cap ETF by 577.3% during the second quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock worth $235,127,000 after acquiring an additional 891,030 shares during the period. Envestnet Asset Management Inc. raised its position in Vanguard Mega Cap ETF by 99.2% during the third quarter. Envestnet Asset Management Inc. now owns 1,720,955 shares of the company’s stock worth $420,068,000 after acquiring an additional 857,073 shares during the period. Vantagepoint Investment Advisers LLC acquired a new position in Vanguard Mega Cap ETF during the third quarter worth $161,189,000. JPMorgan Chase & Co. raised its position in Vanguard Mega Cap ETF by 67.0% during the third quarter. JPMorgan Chase & Co. now owns 455,404 shares of the company’s stock worth $111,160,000 after acquiring an additional 182,729 shares during the period. Finally, Thrivent Financial for Lutherans acquired a new position in Vanguard Mega Cap ETF during the third quarter worth $37,283,000.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA:MGC opened at $272.16 on Monday. The company has a fifty day moving average of $251.22 and a two-hundred day moving average of $250.92. The stock has a market capitalization of $9.75 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a fifty-two week low of $208.51 and a fifty-two week high of $275.97.

Vanguard Mega Cap ETF 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.