Vanguard Mega Cap ETF (NYSEARCA:MGC) Sets New 1-Year High at $199.70

Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) reached a new 52-week high on Friday . The stock traded as high as $199.70 and last traded at $199.46, with a volume of 14069 shares. The stock had previously closed at $198.24.

Vanguard Mega Cap ETF Price Performance

The firm has a market cap of $5.69 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. The firm’s fifty day moving average is $189.78 and its two-hundred day moving average is $181.94.

Institutional Investors Weigh In On Vanguard Mega Cap ETF

Several institutional investors have recently bought and sold shares of the stock. Cape Investment Advisory Inc. acquired a new stake in Vanguard Mega Cap ETF in the 1st quarter valued at about $97,000. Jackson Wealth Management LLC lifted its holdings in Vanguard Mega Cap ETF by 1.0% in the 1st quarter. Jackson Wealth Management LLC now owns 18,715 shares of the company’s stock valued at $3,497,000 after acquiring an additional 187 shares during the last quarter. Cetera Advisors LLC lifted its holdings in Vanguard Mega Cap ETF by 88.1% in the 1st quarter. Cetera Advisors LLC now owns 7,899 shares of the company’s stock valued at $1,476,000 after acquiring an additional 3,699 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Vanguard Mega Cap ETF by 549.2% in the 1st quarter. Cetera Investment Advisers now owns 79,497 shares of the company’s stock valued at $14,856,000 after acquiring an additional 67,252 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in Vanguard Mega Cap ETF in the 1st quarter valued at about $773,000.

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.