Sovran Advisors LLC Acquires Shares of 9,437 Vanguard Mega Cap ETF (NYSEARCA:MGC)

Sovran Advisors LLC bought a new position in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the 4th quarter, Holdings Channel reports. The fund bought 9,437 shares of the company’s stock, valued at approximately $1,988,000.

A number of other hedge funds also recently made changes to their positions in MGC. Leavell Investment Management Inc. increased its stake in Vanguard Mega Cap ETF by 5.7% in the 3rd quarter. Leavell Investment Management Inc. now owns 455,028 shares of the company’s stock worth $94,027,000 after acquiring an additional 24,393 shares during the last quarter. Summit Wealth & Retirement Planning Inc. increased its position in Vanguard Mega Cap ETF by 20.8% in the fourth quarter. Summit Wealth & Retirement Planning Inc. now owns 223,935 shares of the company’s stock worth $47,622,000 after purchasing an additional 38,563 shares during the last quarter. Verus Financial Partners Inc. raised its stake in Vanguard Mega Cap ETF by 0.4% during the third quarter. Verus Financial Partners Inc. now owns 223,343 shares of the company’s stock valued at $45,691,000 after purchasing an additional 822 shares in the last quarter. Captrust Financial Advisors lifted its position in Vanguard Mega Cap ETF by 98.4% during the third quarter. Captrust Financial Advisors now owns 197,628 shares of the company’s stock valued at $40,838,000 after purchasing an additional 97,999 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. lifted its position in Vanguard Mega Cap ETF by 101.0% during the third quarter. Mesirow Financial Investment Management Inc. now owns 196,948 shares of the company’s stock valued at $40,698,000 after purchasing an additional 98,974 shares during the last quarter.

Vanguard Mega Cap ETF Stock Up 0.7 %

Vanguard Mega Cap ETF stock opened at $219.37 on Tuesday. The company’s 50-day moving average price is $216.80 and its 200-day moving average price is $208.99. The company has a market cap of $6.32 billion, a PE ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a twelve month low of $176.49 and a twelve month high of $221.53.

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.