Avestar Capital LLC Acquires 198 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Avestar Capital LLC grew its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 4.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,429 shares of the company’s stock after buying an additional 198 shares during the quarter. Avestar Capital LLC’s holdings in Vanguard Mega Cap ETF were worth $942,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MGC. Foundations Investment Advisors LLC lifted its stake in Vanguard Mega Cap ETF by 65.6% during the third quarter. Foundations Investment Advisors LLC now owns 2,241 shares of the company’s stock worth $463,000 after purchasing an additional 888 shares during the period. Stifel Financial Corp lifted its holdings in Vanguard Mega Cap ETF by 2.9% during the 3rd quarter. Stifel Financial Corp now owns 7,668 shares of the company’s stock valued at $1,585,000 after purchasing an additional 217 shares during the last quarter. FMR LLC boosted its position in Vanguard Mega Cap ETF by 3.5% in the third quarter. FMR LLC now owns 22,727 shares of the company’s stock valued at $4,696,000 after buying an additional 764 shares in the last quarter. Verus Financial Partners Inc. grew its stake in Vanguard Mega Cap ETF by 0.4% during the third quarter. Verus Financial Partners Inc. now owns 223,343 shares of the company’s stock worth $45,691,000 after buying an additional 822 shares during the last quarter. Finally, Creative Planning increased its holdings in shares of Vanguard Mega Cap ETF by 0.6% during the third quarter. Creative Planning now owns 63,033 shares of the company’s stock worth $13,025,000 after buying an additional 387 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

Shares of MGC opened at $221.70 on Friday. The company has a market capitalization of $6.39 billion, a P/E ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a one year low of $176.66 and a one year high of $221.71. The business’s 50 day simple moving average is $216.85 and its 200-day simple moving average is $209.22.

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.