165,433 Shares in Vanguard Mega Cap ETF $MGC Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC acquired a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 165,433 shares of the company’s stock, valued at approximately $46,703,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE lifted its position in shares of Vanguard Mega Cap ETF by 0.4% in the first quarter. Bank of America Corp DE now owns 1,561,792 shares of the company’s stock valued at $369,130,000 after buying an additional 5,869 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new position in shares of Vanguard Mega Cap ETF during the 3rd quarter worth approximately $176,493,000. PNC Financial Services Group Inc. increased its holdings in shares of Vanguard Mega Cap ETF by 0.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 437,692 shares of the company’s stock worth $103,449,000 after acquiring an additional 4,105 shares during the last quarter. Verus Financial Partners Inc. acquired a new position in shares of Vanguard Mega Cap ETF during the 3rd quarter worth approximately $56,776,000. Finally, Capital Investment Advisors LLC acquired a new position in shares of Vanguard Mega Cap ETF during the 3rd quarter worth approximately $30,835,000.

Vanguard Mega Cap ETF Trading Up 0.4%

MGC opened at $269.29 on Friday. Vanguard Mega Cap ETF has a 1-year low of $228.37 and a 1-year high of $289.10. The stock’s fifty day simple moving average is $282.15 and its 200 day simple moving average is $267.54. The stock has a market cap of $9.82 billion, a PE ratio of 26.06 and a beta of 1.01.

Vanguard Mega Cap ETF 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.