12,745 Shares in Vanguard Mega Cap ETF (NYSEARCA:MGC) Acquired by Optivise Advisory Services LLC

Optivise Advisory Services LLC acquired a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 12,745 shares of the company’s stock, valued at approximately $2,634,000. Vanguard Mega Cap ETF accounts for 1.4% of Optivise Advisory Services LLC’s holdings, making the stock its 11th biggest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MGC. PFG Private Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at $31,000. Ashton Thomas Securities LLC purchased a new position in Vanguard Mega Cap ETF in the third quarter valued at about $33,000. Hershey Financial Advisers LLC acquired a new position in Vanguard Mega Cap ETF in the 2nd quarter worth about $36,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the 3rd quarter worth about $41,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at about $71,000.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA:MGC opened at $214.00 on Friday. The company has a market capitalization of $6.17 billion, a P/E ratio of 26.93 and a beta of 1.02. The stock’s 50 day moving average price is $208.45 and its 200 day moving average price is $200.15. Vanguard Mega Cap ETF has a 52 week low of $161.92 and a 52 week high of $216.39.

Vanguard Mega Cap ETF 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.