Leavell Investment Management Inc. Has $99.96 Million Stake in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Leavell Investment Management Inc. grew its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 3.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 470,036 shares of the company’s stock after purchasing an additional 15,008 shares during the period. Vanguard Mega Cap ETF makes up about 4.9% of Leavell Investment Management Inc.’s portfolio, making the stock its 2nd biggest position. Leavell Investment Management Inc.’s holdings in Vanguard Mega Cap ETF were worth $99,958,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Larson Financial Group LLC lifted its stake in shares of Vanguard Mega Cap ETF by 12.6% during the 3rd quarter. Larson Financial Group LLC now owns 474 shares of the company’s stock worth $98,000 after acquiring an additional 53 shares during the last quarter. Diversify Advisory Services LLC lifted its stake in shares of Vanguard Mega Cap ETF by 3.2% during the 3rd quarter. Diversify Advisory Services LLC now owns 1,880 shares of the company’s stock worth $396,000 after acquiring an additional 58 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Vanguard Mega Cap ETF by 6.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 1,029 shares of the company’s stock worth $219,000 after acquiring an additional 64 shares during the last quarter. Zega Financial LLC lifted its stake in shares of Vanguard Mega Cap ETF by 5.6% during the 3rd quarter. Zega Financial LLC now owns 1,290 shares of the company’s stock worth $267,000 after acquiring an additional 68 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV lifted its stake in shares of Vanguard Mega Cap ETF by 0.8% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 9,382 shares of the company’s stock worth $1,939,000 after acquiring an additional 76 shares during the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC stock opened at $219.69 on Wednesday. Vanguard Mega Cap ETF has a 52-week low of $176.49 and a 52-week high of $221.53. The firm has a market capitalization of $6.33 billion, a P/E ratio of 26.93 and a beta of 1.02. The stock has a 50 day moving average price of $216.85 and a 200 day moving average price of $209.15.

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.