Concurrent Investment Advisors LLC Purchases 2,683 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Concurrent Investment Advisors LLC increased its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 92.8% in the 4th quarter, HoldingsChannel reports. The firm owned 5,573 shares of the company’s stock after acquiring an additional 2,683 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $1,185,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of MGC. Foundations Investment Advisors LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 65.6% in the third quarter. Foundations Investment Advisors LLC now owns 2,241 shares of the company’s stock worth $463,000 after acquiring an additional 888 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of Vanguard Mega Cap ETF by 2.9% in the third quarter. Stifel Financial Corp now owns 7,668 shares of the company’s stock worth $1,585,000 after acquiring an additional 217 shares during the last quarter. FMR LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 3.5% in the third quarter. FMR LLC now owns 22,727 shares of the company’s stock worth $4,696,000 after acquiring an additional 764 shares during the last quarter. Bleakley Financial Group LLC bought a new position in shares of Vanguard Mega Cap ETF in the fourth quarter worth about $209,000. Finally, Verus Financial Partners Inc. lifted its holdings in shares of Vanguard Mega Cap ETF by 0.4% in the third quarter. Verus Financial Partners Inc. now owns 223,343 shares of the company’s stock worth $45,691,000 after acquiring an additional 822 shares during the last quarter.

Vanguard Mega Cap ETF Price Performance

Vanguard Mega Cap ETF stock opened at $217.85 on Friday. The business has a 50 day moving average of $217.19 and a 200-day moving average of $210.62. Vanguard Mega Cap ETF has a 1 year low of $176.66 and a 1 year 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.

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.