Vanguard Mega Cap ETF (NYSEARCA:MGC) Position Increased by Quantitative Advantage LLC

Quantitative Advantage LLC raised its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 14.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 49,169 shares of the company’s stock after buying an additional 6,225 shares during the quarter. Vanguard Mega Cap ETF accounts for 1.3% of Quantitative Advantage LLC’s portfolio, making the stock its 26th largest position. Quantitative Advantage LLC’s holdings in Vanguard Mega Cap ETF were worth $6,895,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of MGC. Envestnet Asset Management Inc. increased its holdings in Vanguard Mega Cap ETF by 24.1% in the first quarter. Envestnet Asset Management Inc. now owns 488,268 shares of the company’s stock worth $68,470,000 after buying an additional 94,829 shares during the last quarter. BancorpSouth Bank lifted its position in Vanguard Mega Cap ETF by 3.9% in the fourth quarter. BancorpSouth Bank now owns 458,875 shares of the company’s stock worth $61,237,000 after purchasing an additional 17,435 shares during the period. LPL Financial LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 9.7% during the fourth quarter. LPL Financial LLC now owns 287,698 shares of the company’s stock valued at $38,393,000 after acquiring an additional 25,485 shares during the period. Verus Financial Partners Inc. bought a new position in shares of Vanguard Mega Cap ETF during the fourth quarter valued at $36,985,000. Finally, Leavell Investment Management Inc. lifted its holdings in shares of Vanguard Mega Cap ETF by 2.1% during the first quarter. Leavell Investment Management Inc. now owns 236,941 shares of the company’s stock valued at $33,226,000 after acquiring an additional 4,977 shares during the period.

Shares of NYSEARCA:MGC traded down $0.11 during midday trading on Friday, reaching $149.82. The company’s stock had a trading volume of 1,039 shares, compared to its average volume of 103,553. Vanguard Mega Cap ETF has a fifty-two week low of $104.91 and a fifty-two week high of $150.23. The stock’s fifty day simple moving average is $147.15.

See Also: Retained Earnings

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Institutional Ownership by Quarter for Vanguard Mega Cap ETF (NYSEARCA:MGC)

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