MKT Advisors LLC Has $1.14 Million Position in Vanguard Mega Cap ETF $MGC

MKT Advisors LLC lifted its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 73.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,637 shares of the company’s stock after buying an additional 1,969 shares during the period. MKT Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $1,136,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of MGC. Elevation Capital Advisory LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the second quarter worth $6,011,000. Beacon Financial Group raised its stake in shares of Vanguard Mega Cap ETF by 102.1% during the 3rd quarter. Beacon Financial Group now owns 56,875 shares of the company’s stock worth $13,883,000 after purchasing an additional 28,738 shares in the last quarter. AlphaCore Capital LLC raised its stake in shares of Vanguard Mega Cap ETF by 622.9% during the 2nd quarter. AlphaCore Capital LLC now owns 77,739 shares of the company’s stock worth $17,528,000 after purchasing an additional 66,985 shares in the last quarter. Sowell Financial Services LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at about $257,000. Finally, CWM LLC grew its stake in shares of Vanguard Mega Cap ETF by 9.4% in the 2nd quarter. CWM LLC now owns 6,997 shares of the company’s stock valued at $1,574,000 after buying an additional 599 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA:MGC opened at $254.07 on Friday. The company has a market capitalization of $8.90 billion, a P/E ratio of 26.06 and a beta of 1.01. The stock’s 50 day moving average price is $249.62 and its 200 day moving average price is $238.90. Vanguard Mega Cap ETF has a 52 week low of $173.32 and a 52 week high of $254.68.

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.