Verus Financial Partners Inc. Has $47.18 Million Position in Vanguard Mega Cap ETF $MGC

Verus Financial Partners Inc. reduced its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 0.8% in the second quarter, according to its most recent filing with the SEC. The fund owned 208,041 shares of the company’s stock after selling 1,666 shares during the period. Vanguard Mega Cap ETF comprises 4.8% of Verus Financial Partners Inc.’s portfolio, making the stock its 6th biggest position. Verus Financial Partners Inc.’s holdings in Vanguard Mega Cap ETF were worth $47,180,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Mega Cap ETF by 19.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 522,390 shares of the company’s stock worth $105,199,000 after acquiring an additional 83,569 shares during the last quarter. Wooster Corthell Wealth Management Inc. lifted its stake in shares of Vanguard Mega Cap ETF by 1.4% during the 2nd quarter. Wooster Corthell Wealth Management Inc. now owns 481,051 shares of the company’s stock worth $108,198,000 after acquiring an additional 6,801 shares during the last quarter. Leavell Investment Management Inc. increased its holdings in Vanguard Mega Cap ETF by 2.3% during the 1st quarter. Leavell Investment Management Inc. now owns 480,962 shares of the company’s stock worth $96,856,000 after purchasing an additional 10,926 shares during the period. Jones Financial Companies Lllp increased its holdings in Vanguard Mega Cap ETF by 2,183.2% during the 1st quarter. Jones Financial Companies Lllp now owns 476,255 shares of the company’s stock worth $95,908,000 after purchasing an additional 455,396 shares during the period. Finally, LPL Financial LLC increased its holdings in Vanguard Mega Cap ETF by 2.5% during the 1st quarter. LPL Financial LLC now owns 440,223 shares of the company’s stock worth $88,652,000 after purchasing an additional 10,778 shares during the period.

Vanguard Mega Cap ETF Stock Up 0.1%

MGC opened at $245.24 on Friday. The stock’s fifty day moving average is $236.56 and its two-hundred day moving average is $219.23. The company has a market capitalization of $8.25 billion, a P/E ratio of 26.06 and a beta of 1.00. Vanguard Mega Cap ETF has a 52 week low of $173.32 and a 52 week high of $245.93.

Vanguard Mega Cap ETF 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.