Vanguard Mega Cap ETF $MGC Holdings Lowered by Systelligence LLC

Systelligence LLC trimmed its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 9.1% in the 1st quarter, HoldingsChannel reports. The firm owned 44,917 shares of the company’s stock after selling 4,518 shares during the quarter. Vanguard Mega Cap ETF makes up about 2.1% of Systelligence LLC’s portfolio, making the stock its 21st biggest position. Systelligence LLC’s holdings in Vanguard Mega Cap ETF were worth $10,616,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Jane Street Group LLC increased its stake in Vanguard Mega Cap ETF by 312.6% in the 1st quarter. Jane Street Group LLC now owns 9,799 shares of the company’s stock worth $1,973,000 after purchasing an additional 7,424 shares in the last quarter. Marshall Wace LLP purchased a new stake in Vanguard Mega Cap ETF during the second quarter valued at about $905,000. Raymond James Financial Inc. lifted its stake in Vanguard Mega Cap ETF by 31.8% during the second quarter. Raymond James Financial Inc. now owns 401,214 shares of the company’s stock valued at $90,241,000 after buying an additional 96,754 shares in the last quarter. Garden State Investment Advisory Services LLC boosted its holdings in shares of Vanguard Mega Cap ETF by 12.4% in the second quarter. Garden State Investment Advisory Services LLC now owns 1,364 shares of the company’s stock worth $307,000 after buying an additional 150 shares during the period. Finally, IHT Wealth Management LLC boosted its holdings in shares of Vanguard Mega Cap ETF by 1.8% in the second quarter. IHT Wealth Management LLC now owns 5,744 shares of the company’s stock worth $1,292,000 after buying an additional 100 shares during the period.

Vanguard Mega Cap ETF Price Performance

Vanguard Mega Cap ETF stock opened at $266.61 on Friday. Vanguard Mega Cap ETF has a fifty-two week low of $222.86 and a fifty-two week high of $280.10. The firm’s 50 day simple moving average is $269.86 and its 200-day simple moving average is $255.98. The company has a market cap of $9.55 billion, a P/E 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.