201,113 Shares in Vanguard Mega Cap ETF $MGC Acquired by Verus Financial Partners Inc.

Verus Financial Partners Inc. purchased a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 3rd quarter, Holdings Channel reports. The fund purchased 201,113 shares of the company’s stock, valued at approximately $56,776,000. Vanguard Mega Cap ETF comprises approximately 4.8% of Verus Financial Partners Inc.’s holdings, making the stock its 6th biggest position.

A number of other hedge funds also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. lifted its position in Vanguard Mega Cap ETF by 2.0% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,984 shares of the company’s stock valued at $543,000 after acquiring an additional 39 shares in the last quarter. HBW Advisory Services LLC boosted its stake in Vanguard Mega Cap ETF by 1.4% during the 3rd quarter. HBW Advisory Services LLC now owns 3,291 shares of the company’s stock valued at $929,000 after purchasing an additional 44 shares during the last quarter. ZEGA Investments LLC increased its holdings in shares of Vanguard Mega Cap ETF by 4.7% in the 2nd quarter. ZEGA Investments LLC now owns 1,031 shares of the company’s stock worth $282,000 after purchasing an additional 46 shares in the last quarter. Salem Investment Counselors Inc. increased its holdings in shares of Vanguard Mega Cap ETF by 0.6% in the 3rd quarter. Salem Investment Counselors Inc. now owns 8,198 shares of the company’s stock worth $2,314,000 after purchasing an additional 46 shares in the last quarter. Finally, Whipplewood Advisors LLC increased its holdings in shares of Vanguard Mega Cap ETF by 1.4% in the 1st quarter. Whipplewood Advisors LLC now owns 3,327 shares of the company’s stock worth $786,000 after purchasing an additional 47 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

MGC stock opened at $276.88 on Friday. Vanguard Mega Cap ETF has a 1-year low of $228.37 and a 1-year high of $289.10. The business has a fifty day moving average price of $282.81 and a 200-day moving average price of $267.00. The stock has a market capitalization of $10.08 billion, a P/E ratio of 26.06 and a beta of 1.01.

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.