Adelphi Trust Co Invests $502,000 in Vanguard Mega Cap ETF $MGC

Adelphi Trust Co bought a new position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,000 shares of the company’s stock, valued at approximately $502,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Elevation Capital Advisory LLC grew its holdings in shares of Vanguard Mega Cap ETF by 120.1% during the fourth quarter. Elevation Capital Advisory LLC now owns 22,375 shares of the company’s stock worth $5,620,000 after buying an additional 12,207 shares during the last quarter. David Kennon Inc grew its holdings in shares of Vanguard Mega Cap ETF by 0.9% during the fourth quarter. David Kennon Inc now owns 11,947 shares of the company’s stock worth $3,001,000 after buying an additional 103 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Vanguard Mega Cap ETF by 119.7% during the fourth quarter. Farther Finance Advisors LLC now owns 2,199 shares of the company’s stock worth $552,000 after buying an additional 1,198 shares during the last quarter. Guidance Capital Inc. grew its holdings in shares of Vanguard Mega Cap ETF by 0.9% during the fourth quarter. Guidance Capital Inc. now owns 11,290 shares of the company’s stock worth $2,844,000 after buying an additional 101 shares during the last quarter. Finally, Steph & Co. grew its holdings in shares of Vanguard Mega Cap ETF by 5.1% during the fourth quarter. Steph & Co. now owns 38,439 shares of the company’s stock worth $9,655,000 after buying an additional 1,877 shares during the last quarter.

Vanguard Mega Cap ETF Trading Up 1.0%

Shares of MGC opened at $255.87 on Thursday. Vanguard Mega Cap ETF has a twelve month low of $182.96 and a twelve month high of $255.92. The stock’s 50 day moving average is $245.20 and its two-hundred day moving average is $248.15. The firm has a market capitalization of $9.16 billion, a PE ratio of 26.06 and a beta of 1.01.

Vanguard Mega Cap ETF Company 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.