PFG Advisors Purchases New Shares in Vanguard Mega Cap ETF $MGC

PFG Advisors purchased a new position in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 4,173 shares of the company’s stock, valued at approximately $1,019,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kilter Group LLC purchased a new stake in Vanguard Mega Cap ETF during the second quarter valued at about $26,000. Collier Financial purchased a new position in shares of Vanguard Mega Cap ETF during the third quarter valued at $37,000. Howe & Rusling Inc. purchased a new position in Vanguard Mega Cap ETF during the 3rd quarter valued at about $60,000. Bfsg LLC grew its position in 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 purchasing an additional 233 shares in the last quarter. Finally, Bank of Montreal Can grew its holdings in shares of Vanguard Mega Cap ETF by 110.8% during the 2nd 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 Stock Performance

NYSEARCA:MGC opened at $246.97 on Thursday. The stock’s 50 day moving average price is $251.01 and its 200 day moving average price is $247.75. Vanguard Mega Cap ETF has a 52 week low of $173.32 and a 52 week high of $255.75. The company has a market capitalization of $9.69 billion, a P/E ratio of 26.06 and a beta of 1.01.

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.