Capital Investment Advisors LLC Buys 4,977 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Capital Investment Advisors LLC lifted its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 8.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 63,866 shares of the company’s stock after buying an additional 4,977 shares during the quarter. Capital Investment Advisors LLC owned about 0.22% of Vanguard Mega Cap ETF worth $13,582,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of MGC. Ashton Thomas Securities LLC bought a new stake in Vanguard Mega Cap ETF during the third quarter worth about $33,000. Hershey Financial Advisers LLC bought a new position in shares of Vanguard Mega Cap ETF in the second quarter valued at about $36,000. Future Financial Wealth Managment LLC acquired a new position in Vanguard Mega Cap ETF during the 3rd quarter worth about $41,000. Fairscale Capital LLC bought a new position in Vanguard Mega Cap ETF in the 2nd quarter worth approximately $91,000. Finally, Larson Financial Group LLC boosted its position in Vanguard Mega Cap ETF by 12.6% in the 3rd quarter. Larson Financial Group LLC now owns 474 shares of the company’s stock valued at $98,000 after buying an additional 53 shares during the last quarter.

Vanguard Mega Cap ETF Trading Down 0.8 %

Shares of NYSEARCA:MGC traded down $1.62 during trading on Monday, hitting $209.11. 64,660 shares of the company’s stock were exchanged, compared to its average volume of 131,514. The firm has a 50-day moving average price of $215.19 and a two-hundred day moving average price of $206.45. Vanguard Mega Cap ETF has a 1-year low of $168.08 and a 1-year high of $220.49. The firm has a market cap of $6.03 billion, a P/E ratio of 26.93 and a beta of 1.02.

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.