7,462 Shares in Vanguard Mega Cap ETF $MGC Bought by Sheridan Capital Management LLC

Sheridan Capital Management LLC bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 7,462 shares of the company’s stock, valued at approximately $1,821,000. Vanguard Mega Cap ETF accounts for approximately 1.0% of Sheridan Capital Management LLC’s portfolio, making the stock its 19th biggest position.

Several other institutional investors and hedge funds have also bought and sold shares of MGC. Kilter Group LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at about $26,000. St. Johns Investment Management Company LLC bought a new stake in Vanguard Mega Cap ETF during the second quarter valued at approximately $34,000. Bank of Montreal Can increased its holdings in Vanguard Mega Cap ETF by 110.8% during the second quarter. Bank of Montreal Can now owns 333 shares of the company’s stock valued at $75,000 after buying an additional 175 shares during the last quarter. CX Institutional increased its holdings in Vanguard Mega Cap ETF by 277.7% during the third quarter. CX Institutional now owns 355 shares of the company’s stock valued at $87,000 after buying an additional 261 shares during the last quarter. Finally, Financial Consulate Inc. bought a new position in Vanguard Mega Cap ETF in the third quarter worth approximately $92,000.

Vanguard Mega Cap ETF Price Performance

Shares of MGC stock opened at $253.23 on Friday. Vanguard Mega Cap ETF has a 1 year low of $173.32 and a 1 year high of $255.60. The firm has a fifty day moving average price of $250.62 and a 200-day moving average price of $242.05. The company has a market cap of $9.93 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01.

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.