Empirical Financial Services LLC d.b.a. Empirical Wealth Management Increases Holdings in Vanguard Mega Cap ETF $MGC

Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 4.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 89,419 shares of the company’s stock after acquiring an additional 3,661 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned approximately 0.25% of Vanguard Mega Cap ETF worth $21,134,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of MGC. HBW Advisory Services LLC grew its stake in shares of Vanguard Mega Cap ETF by 3.1% in the 1st quarter. HBW Advisory Services LLC now owns 3,105 shares of the company’s stock valued at $734,000 after buying an additional 93 shares during the period. Uptick Partners LLC raised its position in shares of Vanguard Mega Cap ETF by 45.4% during the 1st quarter. Uptick Partners LLC now owns 3,310 shares of the company’s stock valued at $782,000 after buying an additional 1,034 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the 1st quarter valued at approximately $27,000. Fifth Third Bancorp lifted its holdings in Vanguard Mega Cap ETF by 37.2% in the first quarter. Fifth Third Bancorp now owns 2,992 shares of the company’s stock valued at $707,000 after acquiring an additional 812 shares during the last quarter. Finally, Sovran Advisors LLC lifted its holdings in Vanguard Mega Cap ETF by 13.2% in the first quarter. Sovran Advisors LLC now owns 16,344 shares of the company’s stock valued at $3,863,000 after acquiring an additional 1,911 shares during the last quarter.

Vanguard Mega Cap ETF Trading Down 0.9%

NYSEARCA MGC opened at $274.27 on Tuesday. The stock has a fifty day simple moving average of $272.97 and a 200-day simple moving average of $257.80. The stock has a market cap of $10.03 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a twelve month low of $225.44 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.