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

Segment Wealth Management LLC bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 45,536 shares of the company’s stock, valued at approximately $9,684,000. Segment Wealth Management LLC owned approximately 0.16% of Vanguard Mega Cap ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV increased its position in Vanguard Mega Cap ETF by 11.0% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 3,698 shares of the company’s stock valued at $730,000 after acquiring an additional 366 shares in the last quarter. Vanguard Personalized Indexing Management LLC bought a new stake in shares of Vanguard Mega Cap ETF during the second quarter valued at approximately $458,000. Blair William & Co. IL increased its holdings in shares of Vanguard Mega Cap ETF by 23.9% in the second quarter. Blair William & Co. IL now owns 2,155 shares of the company’s stock valued at $425,000 after purchasing an additional 415 shares in the last quarter. Fairscale Capital LLC bought a new position in Vanguard Mega Cap ETF in the 2nd quarter worth approximately $91,000. Finally, Certified Advisory Corp lifted its holdings in Vanguard Mega Cap ETF by 0.8% during the 2nd quarter. Certified Advisory Corp now owns 9,156 shares of the company’s stock worth $1,806,000 after buying an additional 73 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $216.45 on Tuesday. The business’s fifty day moving average price is $215.42 and its two-hundred day moving average price is $207.08. The firm has a market capitalization of $6.24 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 52 week low of $169.24 and a 52 week high of $220.49.

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.