Vise Technologies Inc. Buys 18,216 Shares of Vanguard Mega Cap ETF $MGC

Vise Technologies Inc. boosted its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 207.4% in the third quarter, Holdings Channel reports. The institutional investor owned 26,999 shares of the company’s stock after acquiring an additional 18,216 shares during the quarter. Vise Technologies Inc.’s holdings in Vanguard Mega Cap ETF were worth $7,622,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Steph & Co. purchased a new position in shares of Vanguard Mega Cap ETF during the 3rd quarter valued at $12,452,000. QRG Capital Management Inc. acquired a new position in shares of Vanguard Mega Cap ETF in the second quarter worth $1,154,000. NewEdge Advisors LLC increased its stake in shares of Vanguard Mega Cap ETF by 172.4% in the second quarter. NewEdge Advisors LLC now owns 30,685 shares of the company’s stock worth $8,397,000 after acquiring an additional 19,419 shares during the last quarter. Orser Capital Management LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the second quarter worth $1,126,000. Finally, Independent Financial Group LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the first quarter worth $742,000.

Vanguard Mega Cap ETF Trading Down 0.7%

MGC opened at $275.07 on Tuesday. The stock has a market cap of $10.02 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 1 year low of $228.37 and a 1 year high of $289.10. The stock has a fifty day moving average price of $282.71 and a 200 day moving average price of $267.10.

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.