PFG Advisors Invests $1.02 Million in Vanguard Mega Cap ETF $MGC

PFG Advisors bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,173 shares of the company’s stock, valued at approximately $1,019,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Kilter Group LLC bought a new position in Vanguard Mega Cap ETF during the second quarter worth about $26,000. Collier Financial acquired a new stake in Vanguard Mega Cap ETF during the third quarter valued at approximately $37,000. Howe & Rusling Inc. bought a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter valued at approximately $60,000. Bfsg LLC grew its stake in shares of Vanguard Mega Cap ETF by 1,165.0% in the 3rd quarter. Bfsg LLC now owns 253 shares of the company’s stock valued at $62,000 after purchasing an additional 233 shares during the period. Finally, Bank of Montreal Can raised its holdings in shares of Vanguard Mega Cap ETF by 110.8% in the 2nd quarter. Bank of Montreal Can now owns 333 shares of the company’s stock worth $75,000 after buying an additional 175 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

Vanguard Mega Cap ETF stock opened at $246.97 on Thursday. The company has a market capitalization of $9.69 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a one year low of $173.32 and a one year high of $255.75. The business has a 50 day simple moving average of $251.01 and a 200 day simple moving average of $247.75.

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.