Savvy Advisors Inc. Takes Position in Vanguard Mega Cap ETF $MGC

Savvy Advisors Inc. acquired a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the 4th quarter, Holdings Channel.com reports. The firm acquired 3,459 shares of the company’s stock, valued at approximately $869,000.

Several other institutional investors have also recently added to or reduced their stakes in MGC. Jane Street Group LLC increased its stake in Vanguard Mega Cap ETF by 312.6% in the first quarter. Jane Street Group LLC now owns 9,799 shares of the company’s stock valued at $1,973,000 after purchasing an additional 7,424 shares during the last quarter. Russell Investments Group Ltd. acquired a new position in Vanguard Mega Cap ETF in the second quarter valued at $1,731,000. Marshall Wace LLP acquired a new position in Vanguard Mega Cap ETF in the second quarter valued at $905,000. Raymond James Financial Inc. increased its stake in Vanguard Mega Cap ETF by 31.8% in the second quarter. Raymond James Financial Inc. now owns 401,214 shares of the company’s stock valued at $90,241,000 after purchasing an additional 96,754 shares during the last quarter. Finally, Garden State Investment Advisory Services LLC increased its stake in Vanguard Mega Cap ETF by 12.4% in the second quarter. Garden State Investment Advisory Services LLC now owns 1,364 shares of the company’s stock valued at $307,000 after purchasing an additional 150 shares during the last quarter.

Vanguard Mega Cap ETF Trading Up 0.1%

Vanguard Mega Cap ETF stock opened at $239.66 on Wednesday. The firm has a market capitalization of $9.04 billion, a P/E ratio of 26.06 and a beta of 1.01. The stock has a fifty day moving average price of $245.62 and a 200 day moving average price of $247.91. Vanguard Mega Cap ETF has a 52 week low of $176.49 and a 52 week high of $255.75.

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.