Vanguard Mega Cap ETF (NYSEARCA:MGC) Reaches New 12-Month High – What’s Next?

Vanguard Mega Cap ETF (NYSEARCA:MGC) shares reached a new 52-week high on Thursday . The stock traded as high as $220.56 and last traded at $220.23, with a volume of 38819 shares. The stock had previously closed at $219.91.

Vanguard Mega Cap ETF Stock Down 0.3 %

The stock has a market cap of $6.36 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. The company has a 50 day simple moving average of $215.90 and a 200 day simple moving average of $207.50.

Institutional Trading of Vanguard Mega Cap ETF

Several large investors have recently modified their holdings of the stock. Larson Financial Group LLC grew 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 purchasing an additional 53 shares during the period. Diversify Advisory Services LLC boosted its holdings in Vanguard Mega Cap ETF by 3.2% during the 3rd quarter. Diversify Advisory Services LLC now owns 1,880 shares of the company’s stock worth $396,000 after acquiring an additional 58 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in Vanguard Mega Cap ETF by 6.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 1,029 shares of the company’s stock worth $219,000 after acquiring an additional 64 shares during the last quarter. Zega Financial LLC boosted its holdings in Vanguard Mega Cap ETF by 5.6% during the 3rd quarter. Zega Financial LLC now owns 1,290 shares of the company’s stock worth $267,000 after acquiring an additional 68 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its holdings in Vanguard Mega Cap ETF by 0.8% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 9,382 shares of the company’s stock worth $1,939,000 after acquiring an additional 76 shares during the last quarter.

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.