Segment Wealth Management LLC Has $5.95 Million Stock Holdings in Vanguard Mega Cap ETF $MGC

Segment Wealth Management LLC lifted its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 9.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,448 shares of the company’s stock after purchasing an additional 2,203 shares during the quarter. Segment Wealth Management LLC owned 0.08% of Vanguard Mega Cap ETF worth $5,949,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. TrueWealth Advisors LLC grew its holdings in shares of Vanguard Mega Cap ETF by 1.1% during the 2nd quarter. TrueWealth Advisors LLC now owns 4,473 shares of the company’s stock worth $1,006,000 after purchasing an additional 49 shares in the last quarter. Fifth Third Securities Inc. grew its holdings in shares of Vanguard Mega Cap ETF by 1.6% during the 1st quarter. Fifth Third Securities Inc. now owns 3,715 shares of the company’s stock worth $748,000 after purchasing an additional 60 shares in the last quarter. Prosperity Wealth Management Inc. grew its holdings in shares of Vanguard Mega Cap ETF by 5.9% during the 1st quarter. Prosperity Wealth Management Inc. now owns 1,137 shares of the company’s stock worth $229,000 after purchasing an additional 63 shares in the last quarter. ZEGA Investments LLC grew its holdings in shares of Vanguard Mega Cap ETF by 4.9% during the 1st quarter. ZEGA Investments LLC now owns 1,432 shares of the company’s stock worth $288,000 after purchasing an additional 67 shares in the last quarter. Finally, Fiduciary Advisors Inc. grew its holdings in shares of Vanguard Mega Cap ETF by 0.3% during the 1st quarter. Fiduciary Advisors Inc. now owns 23,431 shares of the company’s stock worth $4,719,000 after purchasing an additional 70 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

MGC opened at $245.08 on Friday. The firm has a market cap of $8.24 billion, a P/E ratio of 26.06 and a beta of 1.00. Vanguard Mega Cap ETF has a 52-week low of $173.32 and a 52-week high of $246.31. The business’s fifty day moving average is $236.83 and its 200-day moving average is $219.53.

Vanguard Mega Cap ETF 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.