Sfm LLC Takes Position in Vanguard Mega Cap ETF $MGC

Sfm LLC purchased a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) during the 2nd quarter, Holdings Channel reports. The fund purchased 10,870 shares of the company’s stock, valued at approximately $2,974,000. Vanguard Mega Cap ETF makes up 1.5% of Sfm LLC’s holdings, making the stock its 14th biggest position.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Orion Porfolio Solutions LLC increased 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. Raymond James Financial Inc. raised its stake in shares of Vanguard Mega Cap ETF by 31.8% in the second quarter. Raymond James Financial Inc. now owns 401,214 shares of the company’s stock valued at $90,241,000 after acquiring an additional 96,754 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Vanguard Mega Cap ETF by 547.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 101,025 shares of the company’s stock worth $25,374,000 after acquiring an additional 85,413 shares during the last quarter. Win Advisors Inc. bought a new stake in shares of Vanguard Mega Cap ETF in the 4th quarter worth about $21,008,000. Finally, Wellington Management Group LLP purchased a new position in shares of Vanguard Mega Cap ETF during the 3rd quarter worth about $16,972,000.

Vanguard Mega Cap ETF Trading Down 0.2%

Shares of NYSEARCA:MGC opened at $282.04 on Thursday. The company has a market capitalization of $10.32 billion, a price-to-earnings 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 $284.88. The firm’s 50-day moving average is $273.44 and its 200 day moving average is $260.23.

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.