Vanguard Mega Cap ETF $MGC Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC grew its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 8.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 210,501 shares of the company’s stock after acquiring an additional 16,074 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Vanguard Mega Cap ETF were worth $51,381,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of MGC. Kilter Group LLC purchased a new position in Vanguard Mega Cap ETF in the second quarter valued at approximately $26,000. Harbor Investment Advisory LLC purchased a new stake in Vanguard Mega Cap ETF during the second quarter worth approximately $27,000. St. Johns Investment Management Company LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the second quarter worth $34,000. Bank of Montreal Can increased its position in shares of Vanguard Mega Cap ETF by 110.8% in the second quarter. Bank of Montreal Can now owns 333 shares of the company’s stock worth $75,000 after acquiring an additional 175 shares in the last quarter. Finally, Financial Consulate Inc. purchased a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter valued at $92,000.

Vanguard Mega Cap ETF Trading Up 0.5%

Shares of Vanguard Mega Cap ETF stock opened at $253.83 on Wednesday. Vanguard Mega Cap ETF has a twelve month low of $173.32 and a twelve month high of $254.68. The stock has a market cap of $9.22 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. The company has a fifty day moving average price of $250.17 and a 200 day moving average price of $240.75.

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.