Schmidt P J Investment Management Inc. Acquires New Holdings in Vanguard Mega Cap ETF $MGC

Schmidt P J Investment Management Inc. acquired a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 33,986 shares of the company’s stock, valued at approximately $9,595,000. Vanguard Mega Cap ETF accounts for about 1.5% of Schmidt P J Investment Management Inc.’s investment portfolio, making the stock its 17th largest position. Schmidt P J Investment Management Inc. owned approximately 0.09% of Vanguard Mega Cap ETF as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC purchased a new position in shares of Vanguard Mega Cap ETF in the first quarter valued at $27,000. Winch Advisory Services LLC acquired a new stake in Vanguard Mega Cap ETF during the 1st quarter valued at $34,000. Signaturefd LLC acquired a new stake in Vanguard Mega Cap ETF during the 3rd quarter valued at $54,000. BOKF NA acquired a new stake in Vanguard Mega Cap ETF during the 3rd quarter valued at $79,000. Finally, NBT Bank N A NY boosted its position in Vanguard Mega Cap ETF by 49.0% in the 1st quarter. NBT Bank N A NY now owns 374 shares of the company’s stock valued at $88,000 after buying an additional 123 shares during the last quarter.

Vanguard Mega Cap ETF Price Performance

Shares of Vanguard Mega Cap ETF stock opened at $281.01 on Thursday. The business has a 50-day moving average of $282.65 and a 200-day moving average of $267.36. The company has a market capitalization of $10.23 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 1-year low of $228.37 and a 1-year high of $289.10.

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.