Atlantic Union Bankshares Corp Has $18.27 Million Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Atlantic Union Bankshares Corp lifted its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 5.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 85,922 shares of the company’s stock after buying an additional 4,101 shares during the period. Vanguard Mega Cap ETF comprises approximately 1.1% of Atlantic Union Bankshares Corp’s portfolio, making the stock its 17th biggest position. Atlantic Union Bankshares Corp owned about 0.30% of Vanguard Mega Cap ETF worth $18,272,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of MGC. Golden State Wealth Management LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter worth $29,000. Decker Retirement Planning Inc. purchased a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter worth $30,000. SBI Securities Co. Ltd. purchased a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter worth $31,000. Ashton Thomas Securities LLC bought a new position in Vanguard Mega Cap ETF during the third quarter valued at about $33,000. Finally, Key Financial Inc bought a new position in Vanguard Mega Cap ETF during the fourth quarter valued at about $40,000.

Vanguard Mega Cap ETF Price Performance

NYSEARCA MGC opened at $208.23 on Friday. Vanguard Mega Cap ETF has a fifty-two week low of $176.66 and a fifty-two week high of $222.75. The stock’s 50-day moving average is $216.40 and its two-hundred day moving average is $211.66. The firm has a market cap of $6.40 billion, a P/E ratio of 27.81 and a beta of 1.01.

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.