Whipplewood Advisors LLC Buys 3,029 Shares of Vanguard Mega Cap ETF $MGC

Whipplewood Advisors LLC increased its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 721.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,449 shares of the company’s stock after purchasing an additional 3,029 shares during the quarter. Whipplewood Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $776,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of MGC. Jones Financial Companies Lllp grew its stake in shares of Vanguard Mega Cap ETF by 2,183.2% during the first quarter. Jones Financial Companies Lllp now owns 476,255 shares of the company’s stock valued at $95,908,000 after purchasing an additional 455,396 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Vanguard Mega Cap ETF by 190.4% during the first quarter. Cetera Investment Advisers now owns 272,932 shares of the company’s stock valued at $54,963,000 after purchasing an additional 178,944 shares during the last quarter. Praetorian Wealth Management Inc. bought a new stake in shares of Vanguard Mega Cap ETF during the second quarter valued at approximately $19,839,000. Envestnet Asset Management Inc. boosted its stake in Vanguard Mega Cap ETF by 19.0% in the first quarter. Envestnet Asset Management Inc. now owns 522,390 shares of the company’s stock valued at $105,199,000 after acquiring an additional 83,569 shares during the last quarter. Finally, Ascent Group LLC bought a new position in Vanguard Mega Cap ETF in the first quarter valued at approximately $13,818,000.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC stock opened at $248.70 on Friday. Vanguard Mega Cap ETF has a 52-week low of $173.32 and a 52-week high of $249.14. The stock has a market cap of $8.71 billion, a PE ratio of 26.06 and a beta of 1.00. The firm’s 50 day moving average price is $240.79 and its two-hundred day moving average price is $224.60.

About Vanguard Mega Cap ETF

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.