Vantagepoint Investment Advisers LLC Takes $161.19 Million Position in Vanguard Mega Cap ETF $MGC

Vantagepoint Investment Advisers LLC bought a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 660,369 shares of the company’s stock, valued at approximately $161,189,000.

A number of other institutional investors and hedge funds have also bought and sold shares of MGC. Jane Street Group LLC lifted its stake in Vanguard Mega Cap ETF by 312.6% during the 1st quarter. Jane Street Group LLC now owns 9,799 shares of the company’s stock valued at $1,973,000 after acquiring an additional 7,424 shares in the last quarter. Sowell Financial Services LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 2nd quarter worth $257,000. David Kennon Inc raised its holdings in shares of Vanguard Mega Cap ETF by 0.7% in the second quarter. David Kennon Inc now owns 11,933 shares of the company’s stock valued at $2,684,000 after purchasing an additional 82 shares during the last quarter. Fiduciary Advisors Inc. raised its holdings in shares of Vanguard Mega Cap ETF by 2.4% in the second quarter. Fiduciary Advisors Inc. now owns 23,992 shares of the company’s stock valued at $5,396,000 after purchasing an additional 561 shares during the last quarter. Finally, Alpine Bank Wealth Management bought a new position in shares of Vanguard Mega Cap ETF during the second quarter valued at about $494,000.

Vanguard Mega Cap ETF Stock Performance

Vanguard Mega Cap ETF stock opened at $252.31 on Friday. Vanguard Mega Cap ETF has a fifty-two week low of $173.32 and a fifty-two week high of $255.60. The firm’s 50-day simple moving average is $250.87 and its 200 day simple moving average is $243.25. The stock has a market cap of $9.90 billion, a PE ratio of 26.06 and a beta of 1.01.

Vanguard Mega Cap ETF Company 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.