Quantinno Capital Management LP Grows Holdings in Vanguard Mega Cap ETF $MGC

Quantinno Capital Management LP lifted its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 407.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,532 shares of the company’s stock after acquiring an additional 13,277 shares during the quarter. Quantinno Capital Management LP’s holdings in Vanguard Mega Cap ETF were worth $3,907,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. International Assets Investment Management LLC purchased a new position in shares of Vanguard Mega Cap ETF in the 1st quarter valued at about $27,000. Winch Advisory Services LLC purchased a new position in Vanguard Mega Cap ETF during the first quarter worth approximately $34,000. Blue Trust Inc. acquired a new stake in Vanguard Mega Cap ETF in the fourth quarter valued at approximately $48,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at approximately $48,000. Finally, SHP Wealth Management purchased a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at approximately $68,000.

Vanguard Mega Cap ETF Price Performance

Shares of MGC stock opened at $283.77 on Friday. The company has a market cap of $10.38 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. The stock has a 50 day simple moving average of $273.63 and a 200-day simple moving average of $260.59. Vanguard Mega Cap ETF has a 1-year low of $228.37 and a 1-year high of $284.88.

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.