Financial Counselors Inc. Acquires Shares of 2,000 Vanguard Mega Cap ETF (NYSEARCA:MGC)

Financial Counselors Inc. bought a new position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the third quarter, Holdings Channel.com reports. The fund bought 2,000 shares of the company’s stock, valued at approximately $413,000.

A number of other hedge funds have also modified their holdings of the business. Cetera Investment Advisers raised its holdings in Vanguard Mega Cap ETF by 549.2% in the 1st quarter. Cetera Investment Advisers now owns 79,497 shares of the company’s stock valued at $14,856,000 after acquiring an additional 67,252 shares during the last quarter. Cetera Advisors LLC increased its holdings in shares of Vanguard Mega Cap ETF by 88.1% in the first quarter. Cetera Advisors LLC now owns 7,899 shares of the company’s stock valued at $1,476,000 after purchasing an additional 3,699 shares during the last quarter. Mather Group LLC. lifted its position in Vanguard Mega Cap ETF by 3.9% during the second quarter. Mather Group LLC. now owns 6,994 shares of the company’s stock worth $1,307,000 after buying an additional 263 shares in the last quarter. Baker Ellis Asset Management LLC boosted its stake in Vanguard Mega Cap ETF by 23.0% during the second quarter. Baker Ellis Asset Management LLC now owns 38,295 shares of the company’s stock worth $7,555,000 after buying an additional 7,165 shares during the last quarter. Finally, Apella Capital LLC grew its holdings in Vanguard Mega Cap ETF by 19.9% in the 2nd quarter. Apella Capital LLC now owns 384,226 shares of the company’s stock valued at $77,756,000 after buying an additional 63,894 shares in the last quarter.

Vanguard Mega Cap ETF Stock Up 0.7 %

NYSEARCA MGC opened at $216.46 on Friday. The business’s fifty day simple moving average is $209.86 and its 200-day simple moving average is $201.46. The firm has a market cap of $6.24 billion, a PE ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 52 week low of $161.92 and a 52 week high of $216.77.

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.