Segment Wealth Management LLC Invests $9.68 Million in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Segment Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 45,536 shares of the company’s stock, valued at approximately $9,684,000.

Other large investors have also bought and sold shares of the company. Mesirow Financial Investment Management Inc. raised its position in shares of Vanguard Mega Cap ETF by 101.0% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 196,948 shares of the company’s stock valued at $40,698,000 after acquiring an additional 98,974 shares during the last quarter. Captrust Financial Advisors increased its holdings in Vanguard Mega Cap ETF by 98.4% in 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. Atlantic Union Bankshares Corp bought a new stake in Vanguard Mega Cap ETF in the third quarter valued at about $16,907,000. International Assets Investment Management LLC lifted its stake in Vanguard Mega Cap ETF by 20,675.3% in the third quarter. International Assets Investment Management LLC now owns 74,999 shares of the company’s stock valued at $15,498,000 after buying an additional 74,638 shares during the period. Finally, Apella Capital LLC boosted its holdings in 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 during the last quarter.

Vanguard Mega Cap ETF Price Performance

Shares of MGC stock opened at $216.45 on Tuesday. The stock has a market cap of $6.24 billion, a PE ratio of 26.93 and a beta of 1.02. The stock has a 50-day moving average of $215.42 and a 200-day moving average of $207.08. Vanguard Mega Cap ETF has a one year low of $169.24 and a one year high of $220.49.

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.