Short Interest in Vanguard Mega Cap ETF (NYSEARCA:MGC) Decreases By 90.7%
by Scott Moore · The Cerbat GemVanguard Mega Cap ETF (NYSEARCA:MGC – Get Free Report) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totaling 6,352 shares, a decrease of 90.7% from the March 15th total of 68,208 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 198,577 shares, the short-interest ratio is currently 0.0 days.
Vanguard Mega Cap ETF Stock Down 0.0%
Vanguard Mega Cap ETF stock traded down $0.12 during trading hours on Friday, hitting $247.38. The stock had a trading volume of 77,287 shares, compared to its average volume of 170,262. The company has a 50-day moving average of $245.18 and a two-hundred day moving average of $247.90. The company has a market cap of $8.86 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a fifty-two week low of $182.96 and a fifty-two week high of $255.75.
Hedge Funds Weigh In On Vanguard Mega Cap ETF
Several large investors have recently added to or reduced their stakes in MGC. Orion Porfolio Solutions LLC raised its holdings in Vanguard Mega Cap ETF by 577.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock valued at $235,127,000 after acquiring an additional 891,030 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Mega Cap ETF by 99.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,720,955 shares of the company’s stock worth $420,068,000 after buying an additional 857,073 shares in the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter worth approximately $161,189,000. Procyon Advisors LLC acquired a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter worth approximately $111,919,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of Vanguard Mega Cap ETF by 67.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 455,404 shares of the company’s stock worth $111,160,000 after buying an additional 182,729 shares in the last quarter.
Vanguard Mega Cap ETF Company 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.