Choreo LLC Takes $1.55 Million Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Choreo LLC bought a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,165 shares of the company’s stock, valued at approximately $1,551,000.

Several other hedge funds have also modified their holdings of MGC. Apella Capital LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 63.6% during the fourth quarter. Apella Capital LLC now owns 251,240 shares of the company’s stock valued at $41,799,000 after purchasing an additional 97,627 shares during the last quarter. Modera Wealth Management LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 6,409.4% during the third quarter. Modera Wealth Management LLC now owns 83,776 shares of the company’s stock valued at $12,723,000 after purchasing an additional 82,489 shares during the last quarter. Truist Financial Corp lifted its holdings in shares of Vanguard Mega Cap ETF by 33.0% during the fourth quarter. Truist Financial Corp now owns 328,112 shares of the company’s stock valued at $55,543,000 after purchasing an additional 81,489 shares during the last quarter. Systelligence LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter valued at $12,993,000. Finally, MA Private Wealth acquired a new position in Vanguard Mega Cap ETF during the fourth quarter valued at $11,328,000.

Vanguard Mega Cap ETF Trading Down 1.5 %

NYSEARCA:MGC opened at $179.62 on Wednesday. The firm has a market capitalization of $5.18 billion, a price-to-earnings ratio of 27.80 and a beta of 1.01. Vanguard Mega Cap ETF has a 1-year low of $141.84 and a 1-year high of $187.68. The business’s fifty day moving average price is $183.30 and its 200 day moving average price is $171.95.

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.