Union Savings Bank Takes $584,000 Position in Vanguard Mega Cap ETF $MGC

Union Savings Bank purchased a new position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 4th quarter, Holdings Channel reports. The fund purchased 2,327 shares of the company’s stock, valued at approximately $584,000.

A number of other large investors have also modified their holdings of the company. National Wealth Management Group LLC lifted its position in Vanguard Mega Cap ETF by 2.6% in the 4th quarter. National Wealth Management Group LLC now owns 1,568 shares of the company’s stock valued at $394,000 after purchasing an additional 40 shares during the last quarter. Brooklyn FI LLC grew its position in Vanguard Mega Cap ETF by 0.7% in the 4th quarter. Brooklyn FI LLC now owns 6,453 shares of the company’s stock worth $1,621,000 after purchasing an additional 42 shares during the last quarter. Pinnacle Financial Partners Inc. grew its position in Vanguard Mega Cap ETF by 1.4% in the 3rd 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. Keystone Financial Group increased its stake in shares of Vanguard Mega Cap ETF by 2.8% in the third quarter. Keystone Financial Group now owns 1,666 shares of the company’s stock valued at $407,000 after purchasing an additional 46 shares during the period. Finally, Signature Estate & Investment Advisors LLC increased its stake in shares of Vanguard Mega Cap ETF by 3.0% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 1,690 shares of the company’s stock valued at $424,000 after purchasing an additional 50 shares during the period.

Vanguard Mega Cap ETF Stock Performance

MGC opened at $274.85 on Friday. The business’s 50 day moving average is $268.03 and its 200-day moving average is $255.37. The stock has a market cap of $9.84 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a twelve month low of $215.45 and a twelve month high of $280.10.

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.