Commonwealth Equity Services LLC Has $25.07 Million Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Commonwealth Equity Services LLC boosted its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 5.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 160,225 shares of the company’s stock after purchasing an additional 8,615 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Vanguard Mega Cap ETF were worth $25,069,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC increased its holdings in shares of Vanguard Mega Cap ETF by 105,300.6% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 37,762,915 shares of the company’s stock worth $4,999,810,000 after purchasing an additional 37,727,087 shares during the period. EP Wealth Advisors LLC bought a new stake in shares of Vanguard Mega Cap ETF during the 1st quarter valued at $44,685,000. Apella Capital LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter worth $19,102,000. Cetera Advisor Networks LLC increased its position in shares of Vanguard Mega Cap ETF by 1,476.5% in the fourth quarter. Cetera Advisor Networks LLC now owns 62,287 shares of the company’s stock worth $8,247,000 after purchasing an additional 58,336 shares during the period. Finally, Truist Financial Corp raised its stake in Vanguard Mega Cap ETF by 28.0% in the second quarter. Truist Financial Corp now owns 236,074 shares of the company’s stock valued at $36,936,000 after purchasing an additional 51,699 shares in the last quarter.

Vanguard Mega Cap ETF Stock Up 0.8 %

Shares of Vanguard Mega Cap ETF stock opened at $162.46 on Tuesday. Vanguard Mega Cap ETF has a 12-month low of $129.93 and a 12-month high of $162.77. The company has a market capitalization of $4.29 billion, a price-to-earnings ratio of 20.60 and a beta of 1.00. The firm’s 50-day moving average price is $154.35 and its two-hundred day moving average price is $154.49.

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.