Baker Ellis Asset Management LLC Purchases 35,630 Shares of Vanguard Mega Cap ETF $MGC

Baker Ellis Asset Management LLC bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 35,630 shares of the company’s stock, valued at approximately $10,059,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC purchased a new position in Vanguard Mega Cap ETF in the first quarter valued at about $27,000. Winch Advisory Services LLC purchased a new stake in Vanguard Mega Cap ETF during the first quarter valued at about $34,000. SHP Wealth Management purchased a new position in shares of Vanguard Mega Cap ETF in the fourth quarter worth about $68,000. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Vanguard Mega Cap ETF in the first quarter valued at approximately $71,000. Finally, NBT Bank N A NY boosted its holdings in Vanguard Mega Cap ETF by 49.0% in the 1st quarter. NBT Bank N A NY now owns 374 shares of the company’s stock worth $88,000 after buying an additional 123 shares during the period.

Vanguard Mega Cap ETF Stock Performance

MGC stock traded down $3.05 during midday trading on Wednesday, reaching $284.32. 80,841 shares of the company’s stock traded hands, compared to its average volume of 122,377. The firm has a market capitalization of $10.35 billion, a PE ratio of 26.06 and a beta of 1.01. The company has a 50-day moving average price of $282.88 and a two-hundred day moving average price of $272.12. Vanguard Mega Cap ETF has a 52 week low of $228.37 and a 52 week high of $289.10.

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.