Capital Investment Advisors LLC Increases Stake in Vanguard Mega Cap ETF $MGC

Capital Investment Advisors LLC lifted its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 6.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 80,126 shares of the company’s stock after buying an additional 4,966 shares during the quarter. Capital Investment Advisors LLC owned approximately 0.23% of Vanguard Mega Cap ETF worth $19,558,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Kilter Group LLC purchased a new position in Vanguard Mega Cap ETF in the second quarter worth approximately $26,000. Harbor Investment Advisory LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the 2nd quarter valued at $27,000. St. Johns Investment Management Company LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the 2nd quarter valued at $34,000. Bank of Montreal Can lifted its position in shares of Vanguard Mega Cap ETF by 110.8% during the 2nd quarter. Bank of Montreal Can now owns 333 shares of the company’s stock worth $75,000 after purchasing an additional 175 shares during the last quarter. Finally, CX Institutional grew its stake in shares of Vanguard Mega Cap ETF by 277.7% during the third quarter. CX Institutional now owns 355 shares of the company’s stock worth $87,000 after purchasing an additional 261 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

NYSEARCA:MGC opened at $253.04 on Friday. Vanguard Mega Cap ETF has a 12 month low of $173.32 and a 12 month high of $255.11. The firm has a market capitalization of $9.93 billion, a PE ratio of 26.06 and a beta of 1.01. The business’s fifty day moving average price is $250.21 and its 200 day moving average price is $240.93.

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.