Vanguard Mega Cap ETF (NYSEARCA:MGC) Position Raised by World Investment Advisors

World Investment Advisors lifted its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 7.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,845 shares of the company’s stock after acquiring an additional 344 shares during the period. World Investment Advisors’ holdings in Vanguard Mega Cap ETF were worth $1,030,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of MGC. New York Life Investment Management LLC boosted its stake in Vanguard Mega Cap ETF by 3.3% during the 4th quarter. New York Life Investment Management LLC now owns 536,666 shares of the company’s stock valued at $114,127,000 after purchasing an additional 17,030 shares during the period. Leavell Investment Management Inc. boosted its position in shares of Vanguard Mega Cap ETF by 3.3% during the fourth quarter. Leavell Investment Management Inc. now owns 470,036 shares of the company’s stock worth $99,958,000 after buying an additional 15,008 shares during the period. LPL Financial LLC grew its holdings in Vanguard Mega Cap ETF by 13.5% in the 4th quarter. LPL Financial LLC now owns 429,445 shares of the company’s stock worth $91,326,000 after buying an additional 51,072 shares in the last quarter. PNC Financial Services Group Inc. increased its position in Vanguard Mega Cap ETF by 1.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 410,655 shares of the company’s stock valued at $87,330,000 after acquiring an additional 7,712 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in Vanguard Mega Cap ETF during the 4th quarter valued at $65,366,000.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA:MGC opened at $182.07 on Friday. Vanguard Mega Cap ETF has a 1 year low of $176.66 and a 1 year high of $222.75. The business has a fifty day moving average of $211.05 and a 200-day moving average of $211.90. The stock has a market cap of $5.55 billion, a price-to-earnings ratio of 25.62 and a beta of 1.02.

Vanguard Mega Cap ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a $0.5985 dividend. The ex-dividend date was Thursday, March 27th.

About Vanguard Mega Cap ETF

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.