Retirement Planning Group LLC Invests $202,000 in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Retirement Planning Group LLC acquired a new position in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the third quarter, HoldingsChannel.com reports. The fund acquired 979 shares of the company’s stock, valued at approximately $202,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Zhang Financial LLC grew its position in shares of Vanguard Mega Cap ETF by 5.7% in the 2nd quarter. Zhang Financial LLC now owns 24,734 shares of the company’s stock worth $4,880,000 after buying an additional 1,342 shares during the last quarter. Vanguard Personalized Indexing Management LLC acquired a new stake in Vanguard Mega Cap ETF in the 2nd quarter worth approximately $458,000. Brookstone Capital Management boosted its stake in Vanguard Mega Cap ETF by 25.4% in the 2nd quarter. Brookstone Capital Management now owns 1,689 shares of the company’s stock worth $340,000 after purchasing an additional 342 shares in the last quarter. One Capital Management LLC boosted its stake in Vanguard Mega Cap ETF by 6.8% in the 2nd quarter. One Capital Management LLC now owns 176,088 shares of the company’s stock worth $34,740,000 after purchasing an additional 11,181 shares in the last quarter. Finally, Royal Fund Management LLC boosted its stake in Vanguard Mega Cap ETF by 47.3% in the 1st quarter. Royal Fund Management LLC now owns 9,578 shares of the company’s stock worth $1,791,000 after purchasing an additional 3,076 shares in the last quarter.

Vanguard Mega Cap ETF Stock Up 0.5 %

MGC stock opened at $208.68 on Monday. The firm has a 50 day moving average of $200.87 and a 200 day moving average of $194.64. The stock has a market capitalization of $6.02 billion, a PE ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 52 week low of $145.94 and a 52 week high of $209.04.

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.