Integrated Advisors Network LLC Raises Stock Position in Vanguard Mega Cap ETF $MGC

Integrated Advisors Network LLC boosted its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 87.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 9,583 shares of the company’s stock after acquiring an additional 4,470 shares during the period. Integrated Advisors Network LLC’s holdings in Vanguard Mega Cap ETF were worth $2,339,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MGC. Kilter Group LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the second quarter worth about $26,000. Collier Financial acquired a new stake in Vanguard Mega Cap ETF in the 3rd quarter worth about $37,000. Howe & Rusling Inc. purchased a new stake in Vanguard Mega Cap ETF during the 3rd quarter worth approximately $60,000. Bfsg LLC raised its holdings in shares of Vanguard Mega Cap ETF by 1,165.0% during the third quarter. Bfsg LLC now owns 253 shares of the company’s stock valued at $62,000 after acquiring an additional 233 shares during the last quarter. Finally, Bank of Montreal Can lifted its position in shares of Vanguard Mega Cap ETF by 110.8% in the second quarter. Bank of Montreal Can now owns 333 shares of the company’s stock valued at $75,000 after acquiring an additional 175 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

Shares of NYSEARCA:MGC opened at $249.04 on Friday. Vanguard Mega Cap ETF has a 1 year low of $173.32 and a 1 year high of $255.75. The firm has a market capitalization of $9.77 billion, a PE ratio of 26.06 and a beta of 1.01. The business’s 50 day moving average price is $251.90 and its 200-day moving average price is $246.91.

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.