NewEdge Advisors LLC Buys 3,648 Shares of Vanguard Mega Cap ETF $MGC

NewEdge Advisors LLC boosted its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 47.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 11,266 shares of the company’s stock after buying an additional 3,648 shares during the quarter. NewEdge Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $2,663,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Orion Porfolio Solutions LLC raised its position in shares of Vanguard Mega Cap ETF by 577.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock worth $235,127,000 after acquiring an additional 891,030 shares in the last quarter. Raymond James Financial Inc. grew its stake in Vanguard Mega Cap ETF by 31.8% in the second quarter. Raymond James Financial Inc. now owns 401,214 shares of the company’s stock worth $90,241,000 after purchasing an additional 96,754 shares during the period. Goldman Sachs Group Inc. grew its stake in Vanguard Mega Cap ETF by 547.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 101,025 shares of the company’s stock worth $25,374,000 after purchasing an additional 85,413 shares during the period. Win Advisors Inc. bought a new position in Vanguard Mega Cap ETF in the fourth quarter worth $21,008,000. Finally, Wellington Management Group LLP bought a new position in Vanguard Mega Cap ETF in the third quarter worth $16,972,000.

Vanguard Mega Cap ETF Trading Up 0.6%

Shares of Vanguard Mega Cap ETF stock opened at $284.77 on Friday. Vanguard Mega Cap ETF has a 12 month low of $228.37 and a 12 month high of $285.55. The firm has a market capitalization of $10.42 billion, a P/E ratio of 26.06 and a beta of 1.01. The business has a fifty day simple moving average of $274.00 and a two-hundred day simple moving average of $261.57.

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.