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

Capital Investment Advisors LLC increased its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 6.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 85,380 shares of the company’s stock after acquiring an additional 5,254 shares during the quarter. Capital Investment Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $21,445,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of MGC. Kilter Group LLC acquired a new position in Vanguard Mega Cap ETF during the second quarter worth $26,000. Collier Financial acquired a new stake in Vanguard Mega Cap ETF in the third quarter valued at $37,000. Howe & Rusling Inc. acquired a new stake in Vanguard Mega Cap ETF in the third quarter valued at $60,000. Bfsg LLC increased its position in shares of Vanguard Mega Cap ETF by 1,165.0% in the third quarter. Bfsg LLC now owns 253 shares of the company’s stock valued at $62,000 after buying an additional 233 shares in the last quarter. Finally, GGM Financials LLC purchased a new position in shares of Vanguard Mega Cap ETF in the third quarter valued at $77,000.

Vanguard Mega Cap ETF Stock Down 2.1%

NYSEARCA:MGC opened at $230.07 on Friday. Vanguard Mega Cap ETF has a 52-week low of $173.32 and a 52-week high of $255.75. The stock has a fifty day simple moving average of $247.71 and a 200-day simple moving average of $248.00. The company has a market capitalization of $9.03 billion, a PE ratio of 26.06 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.