Vanguard Mega Cap ETF $MGC is West Wealth Group LLC’s 7th Largest Position

West Wealth Group LLC raised its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 66.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 96,806 shares of the company’s stock after buying an additional 38,589 shares during the quarter. Vanguard Mega Cap ETF accounts for about 5.3% of West Wealth Group LLC’s investment portfolio, making the stock its 7th largest holding. West Wealth Group LLC’s holdings in Vanguard Mega Cap ETF were worth $23,616,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Jane Street Group LLC boosted its holdings in Vanguard Mega Cap ETF by 312.6% in the first quarter. Jane Street Group LLC now owns 9,799 shares of the company’s stock valued at $1,973,000 after acquiring an additional 7,424 shares in the last quarter. Focus Partners Wealth lifted its position in shares of Vanguard Mega Cap ETF by 159.4% in the 1st quarter. Focus Partners Wealth now owns 24,558 shares of the company’s stock worth $4,946,000 after purchasing an additional 15,090 shares during the period. Harbor Investment Advisory LLC bought a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at about $27,000. HBW Advisory Services LLC increased its position in shares of Vanguard Mega Cap ETF by 10.0% during the second quarter. HBW Advisory Services LLC now owns 2,438 shares of the company’s stock valued at $548,000 after buying an additional 221 shares during the period. Finally, TrueWealth Advisors LLC increased its position in shares of Vanguard Mega Cap ETF by 1.1% during the second quarter. TrueWealth Advisors LLC now owns 4,473 shares of the company’s stock valued at $1,006,000 after buying an additional 49 shares during the period.

Vanguard Mega Cap ETF Price Performance

MGC stock opened at $254.66 on Monday. Vanguard Mega Cap ETF has a 1 year low of $173.32 and a 1 year high of $255.19. The company has a market cap of $9.99 billion, a P/E ratio of 26.06 and a beta of 1.01. The firm has a 50-day moving average of $250.27 and a 200 day moving average of $241.46.

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.