9,613 Shares of Vanguard Mega Cap ETF $MGC Purchased by Benchmark Financial LLC

Benchmark Financial LLC acquired a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the 3rd quarter, Holdings Channel reports. The fund acquired 9,613 shares of the company’s stock, valued at approximately $2,714,000. Vanguard Mega Cap ETF comprises approximately 2.1% of Benchmark Financial LLC’s portfolio, making the stock its 14th biggest holding.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Bank of America Corp DE raised its holdings in Vanguard Mega Cap ETF by 0.4% during the first 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 in the last quarter. PNC Financial Services Group Inc. grew its holdings 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 buying an additional 4,105 shares in the last quarter. Investment Planning Advisors Inc. increased its holdings in shares of Vanguard Mega Cap ETF by 11.5% during 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. Rockefeller Capital Management L.P. lifted its holdings in shares of Vanguard Mega Cap ETF by 20.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 151,253 shares of the company’s stock worth $37,990,000 after acquiring an additional 25,550 shares during the period. Finally, Praetorian Wealth Management Inc. lifted its holdings in shares of Vanguard Mega Cap ETF by 1.8% in the second quarter. Praetorian Wealth Management Inc. now owns 94,598 shares of the company’s stock worth $25,885,000 after acquiring an additional 1,696 shares during the last quarter.

Vanguard Mega Cap ETF Price Performance

Shares of MGC opened at $284.72 on Friday. The business has a 50-day moving average of $282.98 and a 200-day moving average of $272.85. Vanguard Mega Cap ETF has a 1 year low of $228.37 and a 1 year high of $289.10. The company has a market capitalization of $10.37 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01.

Vanguard Mega Cap ETF Company 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.