Midwest Capital Advisors LLC Purchases Shares of 3,581 Vanguard Mega Cap ETF (NYSEARCA:MGC)

Midwest Capital Advisors LLC purchased a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 3,581 shares of the company’s stock, valued at approximately $762,000.

Several other hedge funds have also added to or reduced their stakes in MGC. Mesirow Financial Investment Management Inc. lifted its holdings in Vanguard Mega Cap ETF by 101.0% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 196,948 shares of the company’s stock valued at $40,698,000 after purchasing an additional 98,974 shares during the last quarter. Captrust Financial Advisors lifted its holdings in shares of Vanguard Mega Cap ETF by 98.4% during the third quarter. Captrust Financial Advisors now owns 197,628 shares of the company’s stock worth $40,838,000 after buying an additional 97,999 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of Vanguard Mega Cap ETF during the third quarter worth $16,907,000. International Assets Investment Management LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 20,675.3% during the third quarter. International Assets Investment Management LLC now owns 74,999 shares of the company’s stock worth $15,498,000 after buying an additional 74,638 shares in the last quarter. Finally, Segment Wealth Management LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter worth $9,684,000.

Vanguard Mega Cap ETF Stock Performance

MGC opened at $217.85 on Monday. Vanguard Mega Cap ETF has a fifty-two week low of $176.66 and a fifty-two week high of $222.75. The company has a market capitalization of $6.28 billion, a P/E ratio of 26.93 and a beta of 1.02. The stock has a fifty day moving average of $217.19 and a 200-day moving average of $210.79.

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.