Elevation Capital Advisory LLC Buys New Holdings in Vanguard Mega Cap ETF $MGC

Elevation Capital Advisory LLC purchased a new position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the third quarter, HoldingsChannel.com reports. The fund purchased 35,113 shares of the company’s stock, valued at approximately $9,913,000. Vanguard Mega Cap ETF comprises 3.9% of Elevation Capital Advisory LLC’s holdings, making the stock its 2nd largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the 1st quarter worth approximately $27,000. Winch Advisory Services LLC bought a new position in Vanguard Mega Cap ETF in the first quarter valued at approximately $34,000. Signaturefd LLC acquired a new position in Vanguard Mega Cap ETF during the third quarter valued at approximately $54,000. BOKF NA acquired a new position in Vanguard Mega Cap ETF during the third quarter valued at approximately $79,000. Finally, Turtle Creek Wealth Advisors LLC acquired a new position in Vanguard Mega Cap ETF during the first quarter valued at approximately $71,000.

Vanguard Mega Cap ETF Price Performance

NYSEARCA MGC opened at $276.88 on Friday. The business has a fifty day moving average price of $282.81 and a two-hundred day moving average price of $267.00. Vanguard Mega Cap ETF has a fifty-two week low of $228.37 and a fifty-two week high of $289.10. The stock has a market capitalization of $10.08 billion, a PE ratio of 26.06 and a beta of 1.01.

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.