Wealthfront Advisers LLC Acquires 3,704 Shares of Vanguard Mega Cap ETF $MGC

Wealthfront Advisers LLC increased its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 13.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 31,098 shares of the company’s stock after purchasing an additional 3,704 shares during the period. Wealthfront Advisers LLC’s holdings in Vanguard Mega Cap ETF were worth $7,591,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Pinnacle Financial Partners Inc increased its holdings in shares of Vanguard Mega Cap ETF by 1.4% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 3,089 shares of the company’s stock worth $754,000 after buying an additional 42 shares during the last quarter. Savant Capital LLC increased its stake in Vanguard Mega Cap ETF by 0.4% in the third quarter. Savant Capital LLC now owns 12,410 shares of the company’s stock valued at $3,029,000 after acquiring an additional 51 shares during the last quarter. AE Wealth Management LLC raised its position in Vanguard Mega Cap ETF by 5.5% during the second quarter. AE Wealth Management LLC now owns 1,105 shares of the company’s stock valued at $249,000 after purchasing an additional 58 shares in the last quarter. D.A. Davidson & CO. raised its position in Vanguard Mega Cap ETF by 1.4% during the second quarter. D.A. Davidson & CO. now owns 4,448 shares of the company’s stock valued at $1,001,000 after purchasing an additional 60 shares in the last quarter. Finally, Financial Freedom LLC lifted its stake in Vanguard Mega Cap ETF by 0.6% during the second quarter. Financial Freedom LLC now owns 10,197 shares of the company’s stock worth $2,294,000 after purchasing an additional 60 shares during the last quarter.

Vanguard Mega Cap ETF Trading Down 0.1%

Shares of Vanguard Mega Cap ETF stock opened at $252.15 on Thursday. The firm has a market capitalization of $9.89 billion, a PE ratio of 26.06 and a beta of 1.01. The business’s 50-day moving average price is $252.28 and its 200-day moving average price is $245.46. Vanguard Mega Cap ETF has a 12 month low of $173.32 and a 12 month high of $255.75.

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.