Royal Fund Management LLC Purchases 482 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Royal Fund Management LLC lifted its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 7.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,240 shares of the company’s stock after purchasing an additional 482 shares during the period. Royal Fund Management LLC’s holdings in Vanguard Mega Cap ETF were worth $1,547,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of MGC. Breakwater Investment Management raised its holdings in Vanguard Mega Cap ETF by 19.7% during the fourth quarter. Breakwater Investment Management now owns 6,934 shares of the company’s stock valued at $1,475,000 after acquiring an additional 1,139 shares during the period. Colorado Capital Management Inc. raised its stake in Vanguard Mega Cap ETF by 48.6% during the 4th quarter. Colorado Capital Management Inc. now owns 35,014 shares of the company’s stock valued at $7,446,000 after purchasing an additional 11,448 shares during the period. Zhang Financial LLC lifted its stake in Vanguard Mega Cap ETF by 4.4% in the 4th quarter. Zhang Financial LLC now owns 25,718 shares of the company’s stock worth $5,469,000 after purchasing an additional 1,083 shares in the last quarter. Financial Freedom LLC boosted its holdings in shares of Vanguard Mega Cap ETF by 8.4% during the 4th quarter. Financial Freedom LLC now owns 10,091 shares of the company’s stock valued at $2,146,000 after purchasing an additional 784 shares during the last quarter. Finally, Client 1ST Advisory Group LLC bought a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter worth about $526,000.

Vanguard Mega Cap ETF Trading Up 1.2 %

NYSEARCA:MGC opened at $216.45 on Tuesday. The company has a market capitalization of $6.24 billion, a P/E ratio of 26.93 and a beta of 1.02. The business’s 50-day moving average is $215.42 and its 200 day moving average is $207.08. Vanguard Mega Cap ETF has a 12 month low of $169.24 and a 12 month high of $220.49.

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.