Vantagepoint Investment Advisers LLC Buys 625,173 Shares of Vanguard Mega Cap ETF $MGC

Vantagepoint Investment Advisers LLC bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 625,173 shares of the company’s stock, valued at approximately $176,493,000. Vantagepoint Investment Advisers LLC owned about 1.72% of Vanguard Mega Cap ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of MGC. International Assets Investment Management LLC bought a new position in Vanguard Mega Cap ETF in the 1st quarter worth about $27,000. Winch Advisory Services LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the first quarter valued at approximately $34,000. Signaturefd LLC bought a new stake in shares of Vanguard Mega Cap ETF during the third quarter valued at approximately $54,000. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Vanguard Mega Cap ETF during the first quarter valued at approximately $71,000. Finally, NBT Bank N A NY raised its holdings in shares of Vanguard Mega Cap ETF by 49.0% during the first quarter. NBT Bank N A NY now owns 374 shares of the company’s stock valued at $88,000 after buying an additional 123 shares during the last quarter.

Vanguard Mega Cap ETF Trading Up 0.7%

Shares of NYSEARCA MGC opened at $281.42 on Tuesday. The stock has a 50 day simple moving average of $282.76 and a 200-day simple moving average of $266.45. The company has a market cap of $10.25 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 12-month low of $228.37 and a 12-month high of $289.10.

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.