Eagle Strategies LLC Buys 741 Shares of Vanguard Mega Cap ETF $MGC

Eagle Strategies LLC raised its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 9.4% during the second quarter, HoldingsChannel reports. The institutional investor owned 8,590 shares of the company’s stock after acquiring an additional 741 shares during the period. Eagle Strategies LLC’s holdings in Vanguard Mega Cap ETF were worth $1,932,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in MGC. Miracle Mile Advisors LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 1st quarter valued at about $240,000. Farther Finance Advisors LLC bought a new stake in shares of Vanguard Mega Cap ETF during the 1st quarter valued at about $922,000. Accurate Wealth Management LLC boosted its position in shares of Vanguard Mega Cap ETF by 4.9% during the 1st quarter. Accurate Wealth Management LLC now owns 1,809 shares of the company’s stock valued at $350,000 after purchasing an additional 85 shares in the last quarter. Parsons Capital Management Inc. RI boosted its position in shares of Vanguard Mega Cap ETF by 7.8% during the 1st quarter. Parsons Capital Management Inc. RI now owns 4,604 shares of the company’s stock valued at $927,000 after purchasing an additional 335 shares in the last quarter. Finally, Integrated Advisors Network LLC bought a new stake in shares of Vanguard Mega Cap ETF during the 1st quarter valued at about $669,000.

Vanguard Mega Cap ETF Price Performance

Shares of Vanguard Mega Cap ETF stock opened at $246.85 on Thursday. Vanguard Mega Cap ETF has a one year low of $173.32 and a one year high of $246.85. The stock’s 50-day moving average is $237.72 and its 200 day moving average is $220.39. The firm has a market cap of $8.30 billion, a price-to-earnings ratio of 26.06 and a beta of 1.00.

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.