Royal Fund Management LLC Buys 3,221 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Royal Fund Management LLC raised its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 98.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 6,502 shares of the company’s stock after acquiring an additional 3,221 shares during the period. Royal Fund Management LLC’s holdings in Vanguard Mega Cap ETF were worth $1,101,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Stratos Wealth Partners LTD. boosted its stake in shares of Vanguard Mega Cap ETF by 19.3% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 3,008 shares of the company’s stock worth $457,000 after buying an additional 487 shares during the last quarter. Summit Wealth & Retirement Planning Inc. lifted its stake in Vanguard Mega Cap ETF by 1.1% in the 3rd quarter. Summit Wealth & Retirement Planning Inc. now owns 183,383 shares of the company’s stock valued at $27,850,000 after purchasing an additional 2,077 shares during the last quarter. Keel Point LLC lifted its stake in Vanguard Mega Cap ETF by 8.5% in the 3rd quarter. Keel Point LLC now owns 65,580 shares of the company’s stock valued at $9,960,000 after purchasing an additional 5,121 shares during the last quarter. Steph & Co. lifted its stake in Vanguard Mega Cap ETF by 6.4% in the 3rd quarter. Steph & Co. now owns 28,160 shares of the company’s stock valued at $4,277,000 after purchasing an additional 1,704 shares during the last quarter. Finally, Capital Advisors Ltd. LLC increased its stake in Vanguard Mega Cap ETF by 22.3% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 1,473 shares of the company’s stock worth $224,000 after acquiring an additional 269 shares during the period.

Vanguard Mega Cap ETF Trading Up 1.4 %

MGC stock traded up $2.52 during mid-day trading on Friday, hitting $183.23. The stock had a trading volume of 145,923 shares, compared to its average volume of 83,926. The firm has a fifty day simple moving average of $183.30 and a 200 day simple moving average of $172.26. Vanguard Mega Cap ETF has a 52 week low of $141.84 and a 52 week high of $187.68. The firm has a market capitalization of $5.28 billion, a P/E ratio of 26.93 and a beta of 1.02.

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.