Clear Creek Financial Management LLC Increases Position in Vanguard Mega Cap ETF $MGC

Clear Creek Financial Management LLC grew its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 36.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,548 shares of the company’s stock after purchasing an additional 4,146 shares during the period. Clear Creek Financial Management LLC’s holdings in Vanguard Mega Cap ETF were worth $3,795,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Orion Porfolio Solutions LLC raised its holdings in shares of Vanguard Mega Cap ETF by 577.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock valued at $235,127,000 after buying an additional 891,030 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Vanguard Mega Cap ETF by 99.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,720,955 shares of the company’s stock valued at $420,068,000 after acquiring an additional 857,073 shares during the period. Vantagepoint Investment Advisers LLC acquired a new position in Vanguard Mega Cap ETF in the 3rd quarter valued at about $161,189,000. RiverFront Investment Group LLC increased its stake in Vanguard Mega Cap ETF by 30,480.3% during the second quarter. RiverFront Investment Group LLC now owns 476,135 shares of the company’s stock worth $107,092,000 after purchasing an additional 474,578 shares during the period. Finally, Procyon Advisors LLC purchased a new stake in Vanguard Mega Cap ETF during the third quarter worth about $111,919,000.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $248.75 on Friday. The company’s 50-day simple moving average is $251.80 and its 200-day simple moving average is $246.12. Vanguard Mega Cap ETF has a 1 year low of $173.32 and a 1 year high of $255.75. The stock has a market capitalization of $9.76 billion, a PE ratio of 26.06 and a beta of 1.01.

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.