Virtu Financial LLC Makes New $1.26 Million Investment in Vanguard Mega Cap ETF $MGC

Virtu Financial LLC bought a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 5,003 shares of the company’s stock, valued at approximately $1,257,000.

Several other institutional investors and hedge funds also recently made changes to their positions in MGC. Orion Porfolio Solutions LLC boosted 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 purchasing an additional 891,030 shares during the last quarter. Morgan Stanley increased its holdings in Vanguard Mega Cap ETF by 3.1% in the fourth quarter. Morgan Stanley now owns 594,721 shares of the company’s stock valued at $149,376,000 after purchasing an additional 17,646 shares during the last quarter. Wells Fargo & Company MN increased its holdings in Vanguard Mega Cap ETF by 3.8% in the fourth quarter. Wells Fargo & Company MN now owns 590,775 shares of the company’s stock valued at $148,385,000 after purchasing an additional 21,811 shares during the last quarter. UBS Group AG increased its holdings in Vanguard Mega Cap ETF by 3.4% in the third quarter. UBS Group AG now owns 493,819 shares of the company’s stock valued at $120,536,000 after purchasing an additional 16,121 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in Vanguard Mega Cap ETF by 1.2% in the fourth quarter. LPL Financial LLC now owns 486,850 shares of the company’s stock valued at $122,282,000 after buying an additional 5,822 shares during the period.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $274.85 on Friday. Vanguard Mega Cap ETF has a 1 year low of $215.45 and a 1 year high of $280.10. The stock has a market cap of $9.84 billion, a P/E ratio of 26.06 and a beta of 1.01. The stock’s 50-day moving average price is $268.03 and its two-hundred day moving average price is $255.37.

Vanguard Mega Cap ETF 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.