Valley National Advisers Inc. Purchases 4,999 Shares of Vanguard Mega Cap ETF $MGC

Valley National Advisers Inc. acquired a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) during the third quarter, Holdings Channel reports. The fund acquired 4,999 shares of the company’s stock, valued at approximately $1,411,000.

A number of other large investors have also recently added to or reduced their stakes in MGC. International Assets Investment Management LLC acquired a new position in Vanguard Mega Cap ETF during the 1st quarter worth $27,000. Winch Advisory Services LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 1st quarter worth about $34,000. Signaturefd LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter worth about $54,000. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 1st quarter worth about $71,000. Finally, NBT Bank N A NY increased its position in shares of Vanguard Mega Cap ETF by 49.0% in the 1st quarter. NBT Bank N A NY now owns 374 shares of the company’s stock worth $88,000 after purchasing an additional 123 shares during the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of Vanguard Mega Cap ETF stock opened at $279.34 on Monday. The firm has a market cap of $10.17 billion, a PE ratio of 26.06 and a beta of 1.01. The firm’s 50-day simple moving average is $282.79 and its 200-day simple moving average is $274.76. Vanguard Mega Cap ETF has a 1 year low of $228.37 and a 1 year high of $289.10.

Vanguard Mega Cap ETF Company 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.