Kestra Advisory Services LLC Buys 7,818 Shares of Vanguard Mega Cap ETF $MGC

Kestra Advisory Services LLC increased its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 4.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 186,685 shares of the company’s stock after purchasing an additional 7,818 shares during the quarter. Kestra Advisory Services LLC owned about 0.51% of Vanguard Mega Cap ETF worth $52,703,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of MGC. Bank of America Corp DE boosted its position in Vanguard Mega Cap ETF by 0.4% in the 1st quarter. Bank of America Corp DE now owns 1,561,792 shares of the company’s stock valued at $369,130,000 after buying an additional 5,869 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in shares of Vanguard Mega Cap ETF during the third quarter worth $176,493,000. PNC Financial Services Group Inc. raised its position in shares of Vanguard Mega Cap ETF by 0.9% during the first quarter. PNC Financial Services Group Inc. now owns 437,692 shares of the company’s stock worth $103,449,000 after acquiring an additional 4,105 shares during the last quarter. Verus Financial Partners Inc. bought a new stake in shares of Vanguard Mega Cap ETF during the third quarter worth $56,776,000. Finally, Commonwealth Equity Services LLC acquired a new position in shares of Vanguard Mega Cap ETF during the third quarter valued at $46,703,000.

Vanguard Mega Cap ETF Trading Up 0.4%

Shares of MGC traded up $1.18 during trading hours on Friday, hitting $269.29. 163,329 shares of the stock traded hands, compared to its average volume of 120,847. The business has a fifty day moving average of $282.15 and a 200-day moving average of $267.54. The firm has a market capitalization of $9.82 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 1-year low of $228.37 and a 1-year high of $289.10.

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.