Vanguard Mega Cap ETF $MGC is Leavell Investment Management Inc.’s 2nd Largest Position

Leavell Investment Management Inc. boosted its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.5% during the third quarter, Holdings Channel.com reports. The fund owned 501,734 shares of the company’s stock after acquiring an additional 7,571 shares during the period. Vanguard Mega Cap ETF accounts for 5.2% of Leavell Investment Management Inc.’s holdings, making the stock its 2nd largest holding. Leavell Investment Management Inc.’s holdings in Vanguard Mega Cap ETF were worth $122,759,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Pinnacle Financial Partners Inc grew its stake in shares of Vanguard Mega Cap ETF by 1.4% in the third quarter. Pinnacle Financial Partners Inc now owns 3,089 shares of the company’s stock worth $754,000 after purchasing an additional 42 shares during the last quarter. Sheridan Capital Management LLC bought a new position in Vanguard Mega Cap ETF during the 3rd quarter valued at approximately $1,821,000. Conning Inc. purchased a new stake in Vanguard Mega Cap ETF in the 3rd quarter worth approximately $1,325,000. Procyon Advisors LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter worth approximately $111,919,000. Finally, Concurrent Investment Advisors LLC increased its stake in shares of Vanguard Mega Cap ETF by 8.3% during the third quarter. Concurrent Investment Advisors LLC now owns 9,264 shares of the company’s stock valued at $2,261,000 after buying an additional 711 shares during the period.

Vanguard Mega Cap ETF Stock Down 0.0%

Shares of Vanguard Mega Cap ETF stock opened at $253.18 on Friday. The business has a 50 day moving average of $250.75 and a 200 day moving average of $242.25. Vanguard Mega Cap ETF has a 52 week low of $173.32 and a 52 week high of $255.60. The company has a market cap of $9.93 billion, a PE ratio of 26.06 and a beta of 1.01.

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.