Vanguard Mega Cap ETF (NYSEARCA:MGC) Short Interest Down 51.8% in June

Vanguard Mega Cap ETF (NYSEARCA:MGC) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 14,811 shares, a decrease of 51.8% from the June 15th total of 30,718 shares. Based on an average daily trading volume, of 107,364 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Exchange Traded Concepts LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at approximately $11,119,000. West Wealth Group LLC raised its position in shares of Vanguard Mega Cap ETF by 7.1% during the 4th quarter. West Wealth Group LLC now owns 103,726 shares of the company’s stock worth $26,053,000 after purchasing an additional 6,920 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Vanguard Mega Cap ETF by 3.2% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 85,758 shares of the company’s stock valued at $21,540,000 after buying an additional 2,666 shares in the last quarter. BTC Capital Management Inc. purchased a new stake in Vanguard Mega Cap ETF in the 4th quarter valued at approximately $560,000. Finally, Elevation Capital Advisory LLC grew its holdings in Vanguard Mega Cap ETF by 120.1% during the 4th quarter. Elevation Capital Advisory LLC now owns 22,375 shares of the company’s stock valued at $5,620,000 after buying an additional 12,207 shares during the last quarter.

Vanguard Mega Cap ETF Trading Down 0.7%

Shares of NYSEARCA:MGC traded down $1.98 during trading on Thursday, hitting $275.03. 54,191 shares of the stock were exchanged, compared to its average volume of 140,686. The company has a market cap of $10.06 billion, a PE ratio of 26.06 and a beta of 1.01. The company has a fifty day moving average price of $273.34 and a two-hundred day moving average price of $258.12. Vanguard Mega Cap ETF has a 12-month low of $225.44 and a 12-month high of $280.10.

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.