Financial Advocates Investment Management Acquires 118 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Financial Advocates Investment Management lifted its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 9.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,420 shares of the company’s stock after purchasing an additional 118 shares during the quarter. Financial Advocates Investment Management’s holdings in Vanguard Mega Cap ETF were worth $298,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Liberty Wealth Management LLC acquired a new stake in Vanguard Mega Cap ETF during the second quarter worth about $30,741,000. International Assets Investment Management LLC boosted its position in shares of Vanguard Mega Cap ETF by 20,675.3% during the 3rd quarter. International Assets Investment Management LLC now owns 74,999 shares of the company’s stock worth $15,498,000 after acquiring an additional 74,638 shares in the last quarter. Cetera Investment Advisers increased its stake in Vanguard Mega Cap ETF by 549.2% in the first quarter. Cetera Investment Advisers now owns 79,497 shares of the company’s stock valued at $14,856,000 after acquiring an additional 67,252 shares during the last quarter. Apella Capital LLC raised its position in Vanguard Mega Cap ETF by 19.9% during the second quarter. Apella Capital LLC now owns 384,226 shares of the company’s stock valued at $77,756,000 after purchasing an additional 63,894 shares in the last quarter. Finally, New York Life Investment Management LLC lifted its stake in Vanguard Mega Cap ETF by 9.8% during the second quarter. New York Life Investment Management LLC now owns 601,732 shares of the company’s stock worth $118,716,000 after purchasing an additional 53,817 shares during the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $205.93 on Monday. Vanguard Mega Cap ETF has a 52-week low of $152.45 and a 52-week high of $210.83. The firm has a market cap of $5.94 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. The business’s fifty day moving average is $204.83 and its 200-day moving average is $197.23.

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.