Vanguard Mega Cap ETF $MGC Shares Acquired by Parallel Advisors LLC

Parallel Advisors LLC boosted its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 47.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,980 shares of the company’s stock after acquiring an additional 6,136 shares during the quarter. Parallel Advisors LLC owned 0.05% of Vanguard Mega Cap ETF worth $5,358,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in MGC. Kestra Advisory Services LLC raised its stake in shares of Vanguard Mega Cap ETF by 4.4% during the third quarter. Kestra Advisory Services LLC now owns 186,685 shares of the company’s stock valued at $52,703,000 after purchasing an additional 7,818 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in Vanguard Mega Cap ETF in the 3rd quarter valued at about $46,703,000. Schmidt P J Investment Management Inc. bought a new position in Vanguard Mega Cap ETF in the 3rd quarter valued at about $9,595,000. Virtue Capital Management LLC bought a new position in Vanguard Mega Cap ETF in the 3rd quarter valued at about $315,000. Finally, Verus Financial Partners Inc. bought a new position in Vanguard Mega Cap ETF in the 3rd quarter valued at about $56,776,000.

Vanguard Mega Cap ETF Trading Up 0.4%

Vanguard Mega Cap ETF stock opened at $269.29 on Friday. The stock has a market cap of $9.82 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. The company’s 50-day moving average price is $282.15 and its two-hundred day moving average price is $267.54. Vanguard Mega Cap ETF has a 52 week low of $228.37 and a 52 week 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.