Ascent Group LLC Has $22.92 Million Stake in Vanguard Mega Cap ETF $MGC

Ascent Group LLC lifted its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 48.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 101,899 shares of the company’s stock after buying an additional 33,284 shares during the quarter. Vanguard Mega Cap ETF comprises approximately 0.9% of Ascent Group LLC’s investment portfolio, making the stock its 24th biggest holding. Ascent Group LLC owned about 0.32% of Vanguard Mega Cap ETF worth $22,919,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of MGC. Jones Financial Companies Lllp grew its position in shares of Vanguard Mega Cap ETF by 2,183.2% during the 1st quarter. Jones Financial Companies Lllp now owns 476,255 shares of the company’s stock worth $95,908,000 after buying an additional 455,396 shares during the period. Cetera Investment Advisers grew its position in shares of Vanguard Mega Cap ETF by 190.4% during the 1st quarter. Cetera Investment Advisers now owns 272,932 shares of the company’s stock worth $54,963,000 after buying an additional 178,944 shares during the period. Praetorian Wealth Management Inc. acquired a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter worth approximately $19,839,000. Envestnet Asset Management Inc. grew its position in shares of Vanguard Mega Cap ETF by 19.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 522,390 shares of the company’s stock worth $105,199,000 after buying an additional 83,569 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of Vanguard Mega Cap ETF by 105.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 79,888 shares of the company’s stock worth $16,088,000 after buying an additional 41,050 shares during the period.

Vanguard Mega Cap ETF Price Performance

Vanguard Mega Cap ETF stock opened at $245.08 on Friday. The company’s 50 day simple moving average is $236.83 and its 200 day simple moving average is $219.53. Vanguard Mega Cap ETF has a fifty-two week low of $173.32 and a fifty-two week high of $246.31. The firm has a market capitalization of $8.24 billion, a price-to-earnings ratio of 26.06 and a beta of 1.00.

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.