Vanguard Mega Cap ETF (NYSEARCA:MGC) Sets New 52-Week High at $200.82

Vanguard Mega Cap ETF (NYSEARCA:MGC) shares reached a new 52-week high during mid-day trading on Friday . The company traded as high as $200.82 and last traded at $200.77, with a volume of 6488 shares changing hands. The stock had previously closed at $200.51.

Vanguard Mega Cap ETF Stock Up 0.3 %

The company has a market cap of $5.80 billion, a PE ratio of 26.93 and a beta of 1.02. The business’s 50 day moving average price is $191.35 and its 200-day moving average price is $182.73.

Institutional Trading of Vanguard Mega Cap ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in MGC. FMR LLC increased its stake in shares of Vanguard Mega Cap ETF by 0.8% in the third quarter. FMR LLC now owns 16,226 shares of the company’s stock worth $2,464,000 after buying an additional 129 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Vanguard Mega Cap ETF by 9.5% during the third quarter. Ameriprise Financial Inc. now owns 419,314 shares of the company’s stock valued at $63,729,000 after purchasing an additional 36,284 shares during the last quarter. Lido Advisors LLC increased its stake in Vanguard Mega Cap ETF by 1.8% during the third quarter. Lido Advisors LLC now owns 11,352 shares of the company’s stock valued at $1,724,000 after purchasing an additional 204 shares during the last quarter. Panoramic Investment Advisors LLC bought a new stake in Vanguard Mega Cap ETF during the third quarter valued at $228,000. Finally, Modera Wealth Management LLC increased its stake in Vanguard Mega Cap ETF by 6,409.4% during the third quarter. Modera Wealth Management LLC now owns 83,776 shares of the company’s stock valued at $12,723,000 after purchasing an additional 82,489 shares during the last quarter.

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.