Marshall Wace LLP Takes $350,000 Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Marshall Wace LLP acquired a new position in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 1,775 shares of the company’s stock, valued at approximately $350,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Certified Advisory Corp lifted its holdings in shares of Vanguard Mega Cap ETF by 0.8% in the second quarter. Certified Advisory Corp now owns 9,156 shares of the company’s stock valued at $1,806,000 after buying an additional 73 shares during the period. Fairscale Capital LLC acquired a new stake in Vanguard Mega Cap ETF in the 2nd quarter valued at about $91,000. Hollencrest Capital Management boosted its position in shares of Vanguard Mega Cap ETF by 19,100.0% during the 2nd quarter. Hollencrest Capital Management now owns 1,152 shares of the company’s stock valued at $227,000 after purchasing an additional 1,146 shares in the last quarter. ProVise Management Group LLC grew its stake in shares of Vanguard Mega Cap ETF by 18.4% in the 2nd quarter. ProVise Management Group LLC now owns 122,313 shares of the company’s stock worth $24,131,000 after purchasing an additional 19,001 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc raised its holdings in shares of Vanguard Mega Cap ETF by 43.6% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 1,143 shares of the company’s stock worth $225,000 after purchasing an additional 347 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA:MGC opened at $207.63 on Friday. The stock has a market capitalization of $5.99 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 1-year low of $145.94 and a 1-year high of $208.13. The company has a 50 day moving average price of $200.54 and a 200 day moving average price of $194.37.

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.