Thrivent Financial for Lutherans Acquires Shares of 152,741 Vanguard Mega Cap ETF $MGC

Thrivent Financial for Lutherans acquired a new position in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the third quarter, HoldingsChannel reports. The fund acquired 152,741 shares of the company’s stock, valued at approximately $37,283,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MGC. Pinnacle Financial Partners Inc raised its holdings in shares of Vanguard Mega Cap ETF by 1.4% in the third quarter. Pinnacle Financial Partners Inc now owns 3,089 shares of the company’s stock valued at $754,000 after buying an additional 42 shares during the last quarter. AE Wealth Management LLC increased its position in Vanguard Mega Cap ETF by 5.5% in the 2nd quarter. AE Wealth Management LLC now owns 1,105 shares of the company’s stock valued at $249,000 after acquiring an additional 58 shares in the last quarter. D.A. Davidson & CO. raised its stake in shares of Vanguard Mega Cap ETF by 1.4% in the second quarter. D.A. Davidson & CO. now owns 4,448 shares of the company’s stock worth $1,001,000 after acquiring an additional 60 shares during the last quarter. Financial Freedom LLC raised its stake in shares of Vanguard Mega Cap ETF by 0.6% in the second quarter. Financial Freedom LLC now owns 10,197 shares of the company’s stock worth $2,294,000 after acquiring an additional 60 shares during the last quarter. Finally, Golden State Equity Partners lifted its position in shares of Vanguard Mega Cap ETF by 6.6% during the third quarter. Golden State Equity Partners now owns 1,089 shares of the company’s stock worth $266,000 after purchasing an additional 67 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

MGC opened at $254.89 on Tuesday. The stock has a market capitalization of $10.00 billion, a P/E ratio of 26.06 and a beta of 1.01. The company’s 50 day simple moving average is $252.16 and its 200-day simple moving average is $244.51. Vanguard Mega Cap ETF has a one year low of $173.32 and a one year high of $255.75.

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.