World Investment Advisors Grows Stake in Vanguard Mega Cap ETF $MGC

World Investment Advisors grew its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 127.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 7,326 shares of the company’s stock after buying an additional 4,098 shares during the period. World Investment Advisors’ holdings in Vanguard Mega Cap ETF were worth $1,840,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Blue Trust Inc. purchased a new stake in shares of Vanguard Mega Cap ETF in the 4th quarter worth about $48,000. Garton & Associates Financial Advisors LLC purchased a new position in shares of Vanguard Mega Cap ETF in the 4th quarter valued at approximately $48,000. SHP Wealth Management purchased a new position in shares of Vanguard Mega Cap ETF in the 4th quarter valued at approximately $68,000. GGM Financials LLC bought a new stake in shares of Vanguard Mega Cap ETF during the third quarter valued at approximately $77,000. Finally, Entrust Financial LLC bought a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter valued at approximately $102,000.

Vanguard Mega Cap ETF Price Performance

Shares of MGC stock opened at $274.85 on Friday. The business’s fifty day moving average is $268.03 and its 200 day moving average is $255.37. The stock has a market cap of $9.84 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a twelve month low of $215.45 and a twelve month high of $280.10.

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.