Vanguard Mega Cap ETF (NYSEARCA:MGC) Shares Purchased by SOL Capital Management CO

SOL Capital Management CO boosted its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 15.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 3,721 shares of the company’s stock after purchasing an additional 500 shares during the period. SOL Capital Management CO’s holdings in Vanguard Mega Cap ETF were worth $791,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Marshall Wace LLP acquired a new stake in shares of Vanguard Mega Cap ETF in the second quarter valued at $350,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Mega Cap ETF by 35.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 17,459 shares of the company’s stock valued at $3,444,000 after acquiring an additional 4,563 shares during the period. Cetera Investment Advisers grew its position in Vanguard Mega Cap ETF by 9.0% in the 2nd quarter. Cetera Investment Advisers now owns 86,641 shares of the company’s stock valued at $17,094,000 after acquiring an additional 7,144 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in Vanguard Mega Cap ETF during the second quarter worth about $3,907,000. Finally, Centaurus Financial Inc. lifted its position in shares of Vanguard Mega Cap ETF by 9.6% during the second quarter. Centaurus Financial Inc. now owns 2,875 shares of the company’s stock worth $567,000 after purchasing an additional 252 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA MGC opened at $218.37 on Friday. Vanguard Mega Cap ETF has a one year low of $173.01 and a one year high of $221.53. The firm has a 50 day simple moving average of $216.45 and a 200-day simple moving average of $208.04. The firm has a market cap of $6.30 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02.

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.