Sovran Advisors LLC Acquires 3,220 Shares of Vanguard Mega Cap ETF $MGC

Sovran Advisors LLC increased its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 24.0% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,622 shares of the company’s stock after purchasing an additional 3,220 shares during the quarter. Sovran Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $4,168,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Orion Porfolio Solutions LLC increased its position in shares of 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 in the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in Vanguard Mega Cap ETF in the 3rd quarter worth $161,189,000. RiverFront Investment Group LLC increased its holdings in Vanguard Mega Cap ETF by 30,480.3% during the 2nd quarter. RiverFront Investment Group LLC now owns 476,135 shares of the company’s stock worth $107,092,000 after purchasing an additional 474,578 shares in the last quarter. Procyon Advisors LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter valued at about $111,919,000. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Mega Cap ETF by 65.4% in the second quarter. Envestnet Asset Management Inc. now owns 863,882 shares of the company’s stock valued at $194,304,000 after purchasing an additional 341,492 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

MGC stock opened at $252.31 on Monday. The stock has a market capitalization of $9.90 billion, a P/E ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a fifty-two week low of $173.32 and a fifty-two week high of $255.60. The business has a 50-day moving average of $250.87 and a 200-day moving average of $243.36.

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.