Vanguard Mega Cap ETF (NYSEARCA:MGC – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $285.29 and last traded at $285.25, with a volume of 5332 shares traded. The stock had previously closed at $283.06.
Vanguard Mega Cap ETF Price Performance
The stock has a 50 day moving average of $274.27 and a 200 day moving average of $261.73. The firm has a market cap of $10.39 billion, a P/E ratio of 26.06 and a beta of 1.01.
Hedge Funds Weigh In On Vanguard Mega Cap ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE lifted its position in Vanguard Mega Cap ETF by 0.4% in the 1st quarter. Bank of America Corp DE now owns 1,561,792 shares of the company’s stock worth $369,130,000 after buying an additional 5,869 shares during the last quarter. Orion Porfolio Solutions LLC grew its position in Vanguard Mega Cap ETF by 577.3% during the second quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock valued at $235,127,000 after acquiring an additional 891,030 shares during the last quarter. Morgan Stanley raised its stake in shares of Vanguard Mega Cap ETF by 3.1% during the fourth quarter. Morgan Stanley now owns 594,721 shares of the company’s stock worth $149,376,000 after acquiring an additional 17,646 shares in the last quarter. Wells Fargo & Company MN raised its stake in shares of Vanguard Mega Cap ETF by 3.8% during the fourth quarter. Wells Fargo & Company MN now owns 590,775 shares of the company’s stock worth $148,385,000 after acquiring an additional 21,811 shares in the last quarter. Finally, UBS Group AG raised its stake in shares of Vanguard Mega Cap ETF by 3.4% during the third quarter. UBS Group AG now owns 493,819 shares of the company’s stock worth $120,536,000 after acquiring an additional 16,121 shares in the last quarter.
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.
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