Royal Fund Management LLC Purchases 4,043 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Royal Fund Management LLC lifted its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 148.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,758 shares of the company’s stock after purchasing an additional 4,043 shares during the quarter. Royal Fund Management LLC’s holdings in Vanguard Mega Cap ETF were worth $1,402,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its holdings in Vanguard Mega Cap ETF by 9.5% during the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 19,746 shares of the company’s stock worth $4,080,000 after buying an additional 1,711 shares during the last quarter. Future Financial Wealth Managment LLC bought a new stake in shares of Vanguard Mega Cap ETF during the third quarter worth about $41,000. Heartwood Wealth Advisors LLC raised its holdings in shares of Vanguard Mega Cap ETF by 5.0% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 10,130 shares of the company’s stock worth $2,093,000 after acquiring an additional 480 shares during the last quarter. Diversified Trust Co lifted its position in Vanguard Mega Cap ETF by 3.3% in the 3rd quarter. Diversified Trust Co now owns 33,867 shares of the company’s stock valued at $6,998,000 after acquiring an additional 1,070 shares in the last quarter. Finally, Apella Capital LLC lifted its position in Vanguard Mega Cap ETF by 14.8% in the 3rd quarter. Apella Capital LLC now owns 441,217 shares of the company’s stock valued at $90,220,000 after acquiring an additional 56,991 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

MGC traded up $0.04 during midday trading on Wednesday, reaching $206.50. 7,695 shares of the company were exchanged, compared to its average volume of 79,382. The company has a market cap of $5.95 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a one year low of $145.94 and a one year high of $206.99. The company’s fifty day moving average price is $200.10 and its 200 day moving average price is $194.18.

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.