Vanguard Mega Cap ETF (NYSEARCA:MGC – Get Free Report) saw a significant increase in short interest in April. As of April 15th, there was short interest totaling 30,980 shares, an increase of 387.7% from the March 31st total of 6,352 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 127,257 shares, the days-to-cover ratio is currently 0.2 days.
Hedge Funds Weigh In On Vanguard Mega Cap ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of Vanguard Mega Cap ETF by 14.3% in the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 83,092 shares of the company’s stock valued at $20,282,000 after buying an additional 10,383 shares in the last quarter. BCGM Wealth Management LLC grew its stake in Vanguard Mega Cap ETF by 97.3% in the 3rd quarter. BCGM Wealth Management LLC now owns 38,081 shares of the company’s stock valued at $9,295,000 after acquiring an additional 18,783 shares during the period. BAM Wealth Management LLC acquired a new stake in Vanguard Mega Cap ETF in the 3rd quarter valued at $806,000. Exchange Traded Concepts LLC acquired a new stake in Vanguard Mega Cap ETF in the 4th quarter valued at $11,119,000. Finally, Captrust Financial Advisors grew its stake in Vanguard Mega Cap ETF by 1.2% in the 3rd quarter. Captrust Financial Advisors now owns 210,723 shares of the company’s stock valued at $51,435,000 after acquiring an additional 2,519 shares during the period.
Vanguard Mega Cap ETF Stock Up 0.9%
Shares of Vanguard Mega Cap ETF stock opened at $261.17 on Friday. The company has a market cap of $9.35 billion, a PE ratio of 26.06 and a beta of 1.01. The business has a 50 day moving average of $246.36 and a 200 day moving average of $248.80. Vanguard Mega Cap ETF has a 52 week low of $195.68 and a 52 week high of $261.33.
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.
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