Kestra Investment Management LLC Acquires 4,189 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Kestra Investment Management LLC raised its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 16.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 29,948 shares of the company’s stock after purchasing an additional 4,189 shares during the period. Kestra Investment Management LLC’s holdings in Vanguard Mega Cap ETF were worth $6,369,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Mesirow Financial Investment Management Inc. increased its stake in shares of Vanguard Mega Cap ETF by 101.0% in the third quarter. Mesirow Financial Investment Management Inc. now owns 196,948 shares of the company’s stock worth $40,698,000 after purchasing an additional 98,974 shares in the last quarter. Captrust Financial Advisors raised its holdings in Vanguard Mega Cap ETF by 98.4% in the third quarter. Captrust Financial Advisors now owns 197,628 shares of the company’s stock worth $40,838,000 after purchasing an additional 97,999 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new stake in Vanguard Mega Cap ETF in the third quarter valued at about $16,907,000. International Assets Investment Management LLC grew its stake in Vanguard Mega Cap ETF by 20,675.3% during the 3rd quarter. International Assets Investment Management LLC now owns 74,999 shares of the company’s stock valued at $15,498,000 after purchasing an additional 74,638 shares during the last quarter. Finally, Segment Wealth Management LLC purchased a new stake in Vanguard Mega Cap ETF in the fourth quarter valued at $9,684,000.

Vanguard Mega Cap ETF Stock Performance

MGC stock opened at $221.78 on Tuesday. The firm has a market cap of $6.39 billion, a PE ratio of 26.93 and a beta of 1.02. The firm’s fifty day moving average is $217.01 and its 200 day moving average is $209.85. Vanguard Mega Cap ETF has a one year low of $176.66 and a one year high of $222.01.

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.