Vanguard Mega Cap ETF $MGC Stake Increased by Lido Advisors LLC

Lido Advisors LLC lifted its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 51.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,326 shares of the company’s stock after buying an additional 3,868 shares during the period. Lido Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $2,677,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Jane Street Group LLC lifted its stake in Vanguard Mega Cap ETF by 312.6% in the 1st quarter. Jane Street Group LLC now owns 9,799 shares of the company’s stock worth $1,973,000 after acquiring an additional 7,424 shares in the last quarter. Marshall Wace LLP acquired a new stake in Vanguard Mega Cap ETF during the 2nd quarter worth about $905,000. Raymond James Financial Inc. grew its stake in Vanguard Mega Cap ETF by 31.8% during the 2nd quarter. Raymond James Financial Inc. now owns 401,214 shares of the company’s stock valued at $90,241,000 after acquiring an additional 96,754 shares in the last quarter. Garden State Investment Advisory Services LLC increased its holdings in shares of Vanguard Mega Cap ETF by 12.4% in the 2nd quarter. Garden State Investment Advisory Services LLC now owns 1,364 shares of the company’s stock valued at $307,000 after purchasing an additional 150 shares during the period. Finally, IHT Wealth Management LLC increased its holdings in shares of Vanguard Mega Cap ETF by 1.8% in the 2nd quarter. IHT Wealth Management LLC now owns 5,744 shares of the company’s stock valued at $1,292,000 after purchasing an additional 100 shares during the period.

Vanguard Mega Cap ETF Price Performance

NYSEARCA MGC opened at $269.78 on Friday. The firm has a market capitalization of $9.87 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. The company has a 50 day simple moving average of $273.41 and a 200-day simple moving average of $259.06. Vanguard Mega Cap ETF has a 52-week low of $225.44 and a 52-week high of $280.10.

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.