Vanguard Mega Cap ETF (NYSEARCA:MGC – Get Free Report) declared a quarterly dividend on Tuesday, January 27th. Investors of record on Monday, September 28th will be paid a dividend of $0.6481 per share on Wednesday, September 30th. This represents a $2.59 annualized dividend and a yield of 0.9%. The ex-dividend date is Monday, September 28th. This is a 0.4% decrease from Vanguard Mega Cap ETF’s previous quarterly dividend of $0.6510.
Vanguard Mega Cap ETF Price Performance
Vanguard Mega Cap ETF stock opened at $286.19 on Friday. Vanguard Mega Cap ETF has a 1-year low of $228.37 and a 1-year high of $287.52. The firm has a market capitalization of $10.51 billion, a P/E ratio of 26.06 and a beta of 1.02. The company’s 50-day moving average is $279.68 and its 200 day moving average is $268.27.
Institutional Investors Weigh In On Vanguard Mega Cap ETF
Several hedge funds and other institutional investors have recently modified their holdings of MGC. Bank of America Corp DE lifted its stake in shares of Vanguard Mega Cap ETF by 0.4% during the 1st quarter. Bank of America Corp DE now owns 1,561,792 shares of the company’s stock worth $369,130,000 after acquiring an additional 5,869 shares during the last quarter. PNC Financial Services Group Inc. grew its position in Vanguard Mega Cap ETF by 0.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 437,692 shares of the company’s stock valued at $103,449,000 after acquiring an additional 4,105 shares during the last quarter. One Capital Management LLC grew its position in Vanguard Mega Cap ETF by 3.9% in the 4th quarter. One Capital Management LLC now owns 175,968 shares of the company’s stock valued at $44,198,000 after acquiring an additional 6,645 shares during the last quarter. Ieq Capital LLC increased its stake in Vanguard Mega Cap ETF by 0.4% in the fourth quarter. Ieq Capital LLC now owns 163,346 shares of the company’s stock worth $41,028,000 after purchasing an additional 699 shares during the period. Finally, Investment Planning Advisors Inc. increased its stake in Vanguard Mega Cap ETF by 11.5% in the first quarter. Investment Planning Advisors Inc. now owns 151,958 shares of the company’s stock worth $35,915,000 after purchasing an additional 15,704 shares during the period.
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.
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