Vanguard Mega Cap ETF (NYSEARCA:MGC – Get Free Report) declared a quarterly dividend on Thursday, April 3rd. Stockholders of record on Monday, December 22nd will be given a dividend of 0.5968 per share on Wednesday, December 24th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Monday, December 22nd. This is a 2.9% increase from Vanguard Mega Cap ETF’s previous quarterly dividend of $0.58.
Vanguard Mega Cap ETF Trading Up 1.0%
Shares of NYSEARCA:MGC traded up $2.43 during mid-day trading on Friday, hitting $250.86. 85,283 shares of the company traded hands, compared to its average volume of 141,745. The stock has a 50-day moving average price of $248.61 and a two-hundred day moving average price of $237.48. Vanguard Mega Cap ETF has a 12-month low of $173.32 and a 12-month high of $254.46. The stock has a market cap of $8.79 billion, a P/E ratio of 26.06 and a beta of 1.01.
Institutional Investors Weigh In On Vanguard Mega Cap ETF
A number of hedge funds have recently made changes to their positions in the business. Kilter Group LLC bought a new position in Vanguard Mega Cap ETF in the 2nd quarter valued at $26,000. Harbor Investment Advisory LLC purchased a new position in Vanguard Mega Cap ETF during the second quarter worth about $27,000. St. Johns Investment Management Company LLC purchased a new position in Vanguard Mega Cap ETF during the second quarter worth about $34,000. Collier Financial bought a new position in Vanguard Mega Cap ETF in the 3rd quarter worth about $37,000. Finally, Howe & Rusling Inc. purchased a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter valued at about $60,000.
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.
Recommended Stories
- Five stocks we like better than Vanguard Mega Cap ETF
- 3 Tickers Leading a Meme Stock Revival
- 3 Surging Stocks Just Got the Ultimate Stamp of Approval From the S&P 500
- Differences Between Momentum Investing and Long Term Investing
- This ETF Caught a Major Tailwind After the Fed’s Rate Cut
- What is a Low P/E Ratio and What Does it Tell Investors?
- MarketBeat Week in Review – 12/15 – 12/19
Receive News & Ratings for Vanguard Mega Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Mega Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
