Stifel Financial Corp Boosts Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Stifel Financial Corp lifted its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 2.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 7,668 shares of the company’s stock after buying an additional 217 shares during the period. Stifel Financial Corp’s holdings in Vanguard Mega Cap ETF were worth $1,585,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MGC. Foundations Investment Advisors LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 65.6% in the 3rd quarter. Foundations Investment Advisors LLC now owns 2,241 shares of the company’s stock worth $463,000 after acquiring an additional 888 shares during the last quarter. FMR LLC grew its holdings in shares of Vanguard Mega Cap ETF by 3.5% during the 3rd quarter. FMR LLC now owns 22,727 shares of the company’s stock worth $4,696,000 after acquiring an additional 764 shares during the period. Vanguard Personalized Indexing Management LLC bought a new stake in shares of Vanguard Mega Cap ETF during the second quarter valued at approximately $458,000. One Capital Management LLC lifted its position in Vanguard Mega Cap ETF by 6.8% during the second quarter. One Capital Management LLC now owns 176,088 shares of the company’s stock valued at $34,740,000 after buying an additional 11,181 shares during the period. Finally, Apella Capital LLC increased its stake in shares of Vanguard Mega Cap ETF by 14.8% in the 3rd quarter. Apella Capital LLC now owns 441,217 shares of the company’s stock worth $90,220,000 after acquiring an additional 56,991 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA MGC opened at $215.15 on Friday. The company has a 50 day simple moving average of $213.38 and a two-hundred day simple moving average of $204.31. Vanguard Mega Cap ETF has a fifty-two week low of $166.14 and a fifty-two week high of $220.49. The company has a market capitalization of $6.20 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02.

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.