201,113 Shares in Vanguard Mega Cap ETF $MGC Bought by Verus Financial Partners Inc.

Verus Financial Partners Inc. bought a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 201,113 shares of the company’s stock, valued at approximately $56,776,000. Vanguard Mega Cap ETF comprises 4.8% of Verus Financial Partners Inc.’s investment portfolio, making the stock its 6th largest position. Verus Financial Partners Inc. owned approximately 0.55% of Vanguard Mega Cap ETF as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Elevation Capital Advisory LLC bought a new stake in Vanguard Mega Cap ETF in the third quarter worth $9,913,000. Vise Technologies Inc. increased its holdings in shares of Vanguard Mega Cap ETF by 207.4% during the third quarter. Vise Technologies Inc. now owns 26,999 shares of the company’s stock valued at $7,622,000 after acquiring an additional 18,216 shares in the last quarter. Modera Wealth Management LLC bought a new position in shares of Vanguard Mega Cap ETF during the third quarter valued at $18,099,000. D.A. Davidson & CO. bought a new position in shares of Vanguard Mega Cap ETF during the third quarter valued at $1,599,000. Finally, BOKF NA bought a new position in shares of Vanguard Mega Cap ETF during the third quarter valued at $79,000.

Vanguard Mega Cap ETF Price Performance

MGC opened at $276.88 on Friday. The stock has a 50-day moving average price of $282.81 and a 200-day moving average price of $267.00. The firm has a market cap of $10.08 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 1 year low of $228.37 and a 1 year 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.