Sensible Financial Planning & Management LLC. Raises Stock Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Sensible Financial Planning & Management LLC. increased its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 0.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 39,861 shares of the company’s stock after purchasing an additional 346 shares during the quarter. Vanguard Mega Cap ETF accounts for 1.6% of Sensible Financial Planning & Management LLC.’s portfolio, making the stock its 14th largest position. Sensible Financial Planning & Management LLC. owned about 0.15% of Vanguard Mega Cap ETF worth $6,748,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its stake in shares of Vanguard Mega Cap ETF by 1.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 427,324 shares of the company’s stock worth $64,898,000 after acquiring an additional 7,443 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Vanguard Mega Cap ETF by 9.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 419,314 shares of the company’s stock valued at $63,729,000 after purchasing an additional 36,284 shares during the period. New York Life Investment Management LLC raised its position in shares of Vanguard Mega Cap ETF by 1.6% during the 3rd quarter. New York Life Investment Management LLC now owns 413,969 shares of the company’s stock valued at $62,869,000 after purchasing an additional 6,320 shares during the period. Leavell Investment Management Inc. raised its position in shares of Vanguard Mega Cap ETF by 0.5% during the 4th quarter. Leavell Investment Management Inc. now owns 399,255 shares of the company’s stock valued at $67,586,000 after purchasing an additional 2,050 shares during the period. Finally, LPL Financial LLC raised its position in shares of Vanguard Mega Cap ETF by 5.4% during the 3rd quarter. LPL Financial LLC now owns 316,353 shares of the company’s stock valued at $48,045,000 after purchasing an additional 16,265 shares during the period.

Vanguard Mega Cap ETF Price Performance

Shares of Vanguard Mega Cap ETF stock traded down $0.20 during trading on Wednesday, reaching $180.87. 62,136 shares of the stock traded hands, compared to its average volume of 83,421. The business has a fifty day simple moving average of $183.13 and a two-hundred day simple moving average of $171.02. Vanguard Mega Cap ETF has a 52-week low of $141.58 and a 52-week high of $187.68. The company has a market capitalization of $5.21 billion, a price-to-earnings ratio of 27.80 and a beta of 1.01.

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.