Foundations Investment Advisors LLC Buys 888 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Foundations Investment Advisors LLC lifted its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 65.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,241 shares of the company’s stock after acquiring an additional 888 shares during the quarter. Foundations Investment Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $463,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in MGC. Liberty Wealth Management LLC purchased a new stake in Vanguard Mega Cap ETF in the 2nd quarter valued at about $30,741,000. Cetera Investment Advisers grew its holdings in shares of Vanguard Mega Cap ETF by 549.2% in the first 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 in the last quarter. Apella Capital LLC increased its position in shares of Vanguard Mega Cap ETF by 19.9% during the second quarter. Apella Capital LLC now owns 384,226 shares of the company’s stock valued at $77,756,000 after acquiring an additional 63,894 shares during the last quarter. New York Life Investment Management LLC lifted its holdings in Vanguard Mega Cap ETF by 9.8% during the second quarter. New York Life Investment Management LLC now owns 601,732 shares of the company’s stock worth $118,716,000 after acquiring an additional 53,817 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in Vanguard Mega Cap ETF in the second quarter worth $3,907,000.

Vanguard Mega Cap ETF Price Performance

Shares of NYSEARCA:MGC opened at $208.72 on Friday. Vanguard Mega Cap ETF has a 1 year low of $145.94 and a 1 year high of $210.83. The company has a market capitalization of $6.02 billion, a PE ratio of 26.93 and a beta of 1.02. The business has a fifty day moving average price of $204.24 and a two-hundred day moving average price of $196.16.

About Vanguard Mega Cap ETF

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.