Vanguard Mega Cap ETF $MGC Position Boosted by Parallel Advisors LLC

Parallel Advisors LLC grew its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 47.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 18,980 shares of the company’s stock after purchasing an additional 6,136 shares during the quarter. Parallel Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $5,358,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 1st quarter worth $27,000. Signaturefd LLC bought a new position in Vanguard Mega Cap ETF during the third quarter valued at about $54,000. BOKF NA bought a new position in Vanguard Mega Cap ETF during the third quarter valued at about $79,000. Western Wealth Management LLC bought a new position in Vanguard Mega Cap ETF during the first quarter valued at about $152,000. Finally, TD Waterhouse Canada Inc. boosted its stake in Vanguard Mega Cap ETF by 62.7% during the third quarter. TD Waterhouse Canada Inc. now owns 651 shares of the company’s stock valued at $184,000 after buying an additional 251 shares in the last quarter.

Vanguard Mega Cap ETF Stock Up 0.4%

NYSEARCA:MGC opened at $269.29 on Friday. The business’s 50-day moving average price is $282.15 and its 200 day moving average price is $267.54. The firm has a market cap of $9.82 billion, a P/E ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 52-week low of $228.37 and a 52-week high of $289.10.

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.