St. Johns Investment Management Company LLC Acquires New Holdings in Vanguard Mega Cap ETF $MGC

St. Johns Investment Management Company LLC bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the second quarter, Holdings Channel.com reports. The fund bought 150 shares of the company’s stock, valued at approximately $34,000.

Several other institutional investors also recently added to or reduced their stakes in MGC. Jones Financial Companies Lllp increased its position in Vanguard Mega Cap ETF by 2,183.2% in 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 increased its position in Vanguard Mega Cap ETF by 190.4% in 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. bought a new position in Vanguard Mega Cap ETF in the 2nd quarter worth approximately $19,839,000. Envestnet Asset Management Inc. increased its position in Vanguard Mega Cap ETF by 19.0% in 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, Ascent Group LLC bought a new position in Vanguard Mega Cap ETF in the 1st quarter worth approximately $13,818,000.

Vanguard Mega Cap ETF Stock Down 0.1%

Shares of NYSEARCA MGC opened at $246.33 on Wednesday. The business’s 50 day moving average is $240.10 and its two-hundred day moving average is $223.21. The company has a market cap of $8.63 billion, a P/E ratio of 26.06 and a beta of 1.00. Vanguard Mega Cap ETF has a 12 month low of $173.32 and a 12 month high of $247.39.

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.