Dynamic Advisor Solutions LLC Makes New $323,000 Investment in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Dynamic Advisor Solutions LLC bought a new position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 1,604 shares of the company’s stock, valued at approximately $323,000.

Other hedge funds have also recently modified their holdings of the company. SBI Securities Co. Ltd. bought a new stake in shares of Vanguard Mega Cap ETF in the 4th quarter worth approximately $31,000. Rialto Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 4th quarter worth approximately $45,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 4th quarter worth approximately $55,000. Glen Eagle Advisors LLC raised its holdings in shares of Vanguard Mega Cap ETF by 68.4% in the 4th quarter. Glen Eagle Advisors LLC now owns 426 shares of the company’s stock worth $91,000 after purchasing an additional 173 shares during the period. Finally, Waverly Advisors LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 4th quarter worth approximately $204,000.

Vanguard Mega Cap ETF Trading Down 0.1%

NYSEARCA:MGC opened at $216.93 on Friday. The stock has a market capitalization of $6.91 billion, a PE ratio of 26.66 and a beta of 1.02. The firm’s 50 day moving average is $207.38 and its 200 day moving average is $210.21. Vanguard Mega Cap ETF has a 12 month low of $173.32 and a 12 month high of $222.75.

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.