HighTower Advisors LLC Grows Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

HighTower Advisors LLC boosted its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 17.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 19,605 shares of the company’s stock after purchasing an additional 2,982 shares during the period. HighTower Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $4,049,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. CWM LLC lifted its position in shares of Vanguard Mega Cap ETF by 6.7% during the 2nd quarter. CWM LLC now owns 1,754 shares of the company’s stock valued at $346,000 after buying an additional 110 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of Vanguard Mega Cap ETF by 4.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 40,415 shares of the company’s stock valued at $7,974,000 after buying an additional 1,895 shares in the last quarter. TriaGen Wealth Management LLC lifted its position in shares of Vanguard Mega Cap ETF by 3.9% during the 2nd quarter. TriaGen Wealth Management LLC now owns 43,978 shares of the company’s stock valued at $8,676,000 after buying an additional 1,668 shares in the last quarter. Brookstone Capital Management lifted its position in shares of Vanguard Mega Cap ETF by 25.4% during the 2nd quarter. Brookstone Capital Management now owns 1,689 shares of the company’s stock valued at $340,000 after buying an additional 342 shares in the last quarter. Finally, Sensible Financial Planning & Management LLC. lifted its position in shares of Vanguard Mega Cap ETF by 4.7% during the 2nd quarter. Sensible Financial Planning & Management LLC. now owns 42,667 shares of the company’s stock valued at $8,418,000 after buying an additional 1,910 shares in the last quarter.

Vanguard Mega Cap ETF Trading Up 0.9 %

Shares of MGC opened at $220.01 on Thursday. The business’s 50 day moving average is $211.93 and its 200 day moving average is $203.07. The company has a market capitalization of $6.34 billion, a PE ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 12-month low of $164.41 and a 12-month high of $220.30.

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.