Vanguard Mega Cap ETF (NYSEARCA:MGC) Shares Acquired by Royal Fund Management LLC

Royal Fund Management LLC boosted its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 98.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 6,502 shares of the company’s stock after buying an additional 3,221 shares during the quarter. Royal Fund Management LLC’s holdings in Vanguard Mega Cap ETF were worth $1,101,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the company. Compass Ion Advisors LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 3.6% in the 4th quarter. Compass Ion Advisors LLC now owns 1,812 shares of the company’s stock valued at $307,000 after purchasing an additional 63 shares during the last quarter. Fisher Asset Management LLC increased its position in Vanguard Mega Cap ETF by 4.2% during the 4th quarter. Fisher Asset Management LLC now owns 1,595 shares of the company’s stock worth $270,000 after purchasing an additional 65 shares during the period. DB Wealth Management Group LLC increased its position in Vanguard Mega Cap ETF by 2.2% during the 3rd quarter. DB Wealth Management Group LLC now owns 3,099 shares of the company’s stock worth $471,000 after purchasing an additional 66 shares during the period. Institute for Wealth Management LLC. increased its position in Vanguard Mega Cap ETF by 4.3% during the 4th quarter. Institute for Wealth Management LLC. now owns 2,043 shares of the company’s stock worth $346,000 after purchasing an additional 84 shares during the period. Finally, Global Retirement Partners LLC increased its position in Vanguard Mega Cap ETF by 17.1% during the 4th quarter. Global Retirement Partners LLC now owns 637 shares of the company’s stock worth $108,000 after purchasing an additional 93 shares during the period.

Vanguard Mega Cap ETF Stock Up 1.4 %

Shares of MGC traded up $2.52 on Friday, reaching $183.23. The stock had a trading volume of 145,923 shares, compared to its average volume of 83,926. The firm has a market capitalization of $5.28 billion, a PE ratio of 26.93 and a beta of 1.02. The firm has a 50-day moving average of $183.30 and a 200 day moving average of $172.26. Vanguard Mega Cap ETF has a twelve month low of $141.84 and a twelve month high of $187.68.

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.