World Investment Advisors Increases Position in Vanguard Mega Cap ETF $MGC

World Investment Advisors lifted its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 127.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,326 shares of the company’s stock after buying an additional 4,098 shares during the period. World Investment Advisors’ holdings in Vanguard Mega Cap ETF were worth $1,840,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Mega Cap ETF by 99.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,720,955 shares of the company’s stock worth $420,068,000 after buying an additional 857,073 shares during the last quarter. Orion Porfolio Solutions LLC boosted its stake in shares of Vanguard Mega Cap ETF by 577.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock worth $235,127,000 after buying an additional 891,030 shares during the last quarter. New York Life Investment Management LLC boosted its stake in shares of Vanguard Mega Cap ETF by 23.4% in the 3rd quarter. New York Life Investment Management LLC now owns 711,400 shares of the company’s stock worth $173,646,000 after buying an additional 134,789 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter worth approximately $161,189,000. Finally, Leavell Investment Management Inc. boosted its stake in shares of Vanguard Mega Cap ETF by 1.5% in the 3rd quarter. Leavell Investment Management Inc. now owns 501,734 shares of the company’s stock worth $122,759,000 after buying an additional 7,571 shares during the last quarter.

Vanguard Mega Cap ETF Stock Down 1.2%

Shares of NYSEARCA MGC opened at $272.16 on Friday. Vanguard Mega Cap ETF has a twelve month low of $208.51 and a twelve month high of $275.97. The stock’s 50 day moving average price is $251.22 and its 200-day moving average price is $250.92. The company has a market capitalization of $9.75 billion, a PE ratio of 26.06 and a beta of 1.01.

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.