Cwm LLC Boosts Position in Vanguard Mega Cap ETF $MGC

Cwm LLC boosted its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 9.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 6,997 shares of the company’s stock after acquiring an additional 599 shares during the quarter. Cwm LLC’s holdings in Vanguard Mega Cap ETF were worth $1,574,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MGC. Harbor Investment Advisory LLC purchased a new stake in Vanguard Mega Cap ETF in the second quarter worth about $27,000. POM Investment Strategies LLC purchased a new stake in Vanguard Mega Cap ETF in the first quarter worth about $52,000. NorthRock Partners LLC purchased a new stake in Vanguard Mega Cap ETF in the first quarter worth about $56,000. Golden State Wealth Management LLC increased its position in Vanguard Mega Cap ETF by 137.0% in the first quarter. Golden State Wealth Management LLC now owns 320 shares of the company’s stock worth $64,000 after buying an additional 185 shares in the last quarter. Finally, Dagco Inc. purchased a new stake in Vanguard Mega Cap ETF in the first quarter worth about $79,000.

Vanguard Mega Cap ETF Stock Up 0.6%

Shares of MGC opened at $243.95 on Monday. The business has a 50-day simple moving average of $239.58 and a two-hundred day simple moving average of $222.59. The stock has a market cap of $8.55 billion, a price-to-earnings ratio of 26.06 and a beta of 1.00. Vanguard Mega Cap ETF has a 52 week low of $173.32 and a 52 week high of $247.39.

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.