Signature Estate & Investment Advisors LLC Increases Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Signature Estate & Investment Advisors LLC increased its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 9.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,121 shares of the company’s stock after buying an additional 184 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $451,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Larson Financial Group LLC increased its stake in Vanguard Mega Cap ETF by 12.6% in the 3rd quarter. Larson Financial Group LLC now owns 474 shares of the company’s stock valued at $98,000 after buying an additional 53 shares during the last quarter. FMR LLC grew its holdings in shares of Vanguard Mega Cap ETF by 3.5% in the third quarter. FMR LLC now owns 22,727 shares of the company’s stock valued at $4,696,000 after acquiring an additional 764 shares in the last quarter. Avestar Capital LLC grew its holdings in shares of Vanguard Mega Cap ETF by 7.6% in the third quarter. Avestar Capital LLC now owns 4,231 shares of the company’s stock valued at $874,000 after acquiring an additional 299 shares in the last quarter. CreativeOne Wealth LLC lifted its holdings in Vanguard Mega Cap ETF by 0.9% during the third quarter. CreativeOne Wealth LLC now owns 74,895 shares of the company’s stock worth $15,476,000 after acquiring an additional 680 shares during the period. Finally, Financial Counselors Inc. bought a new stake in Vanguard Mega Cap ETF during the third quarter worth $413,000.

Vanguard Mega Cap ETF Price Performance

Shares of NYSEARCA:MGC opened at $205.93 on Thursday. The company has a market capitalization of $6.34 billion, a PE ratio of 26.29 and a beta of 1.01. Vanguard Mega Cap ETF has a 1 year low of $176.66 and a 1 year high of $222.75. The business has a fifty day moving average price of $214.00 and a two-hundred day moving average price of $212.12.

Vanguard Mega Cap ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a dividend of $0.5985 per share. The ex-dividend date of this dividend is Thursday, March 27th.

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.