Vanguard Mega Cap ETF (NYSEARCA:MGC) Shares Acquired by SOL Capital Management CO

SOL Capital Management CO increased its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 15.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,721 shares of the company’s stock after buying an additional 500 shares during the quarter. SOL Capital Management CO’s holdings in Vanguard Mega Cap ETF were worth $791,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Foundations Investment Advisors LLC boosted its holdings in shares of Vanguard Mega Cap ETF by 65.6% in the 3rd quarter. Foundations Investment Advisors LLC now owns 2,241 shares of the company’s stock valued at $463,000 after acquiring an additional 888 shares during the last quarter. Stifel Financial Corp boosted its holdings in Vanguard Mega Cap ETF by 2.9% in the third quarter. Stifel Financial Corp now owns 7,668 shares of the company’s stock valued at $1,585,000 after purchasing an additional 217 shares during the last quarter. FMR LLC grew its position in Vanguard Mega Cap ETF by 3.5% during the 3rd quarter. FMR LLC now owns 22,727 shares of the company’s stock worth $4,696,000 after purchasing an additional 764 shares during the period. Apella Capital LLC grew its position in Vanguard Mega Cap ETF by 14.8% during the 3rd quarter. Apella Capital LLC now owns 441,217 shares of the company’s stock worth $90,220,000 after purchasing an additional 56,991 shares during the period. Finally, Verus Financial Partners Inc. raised its stake in shares of Vanguard Mega Cap ETF by 0.4% during the 3rd quarter. Verus Financial Partners Inc. now owns 223,343 shares of the company’s stock valued at $45,691,000 after buying an additional 822 shares during the last quarter.

Vanguard Mega Cap ETF Stock Down 0.4 %

Shares of MGC opened at $218.37 on Friday. The company has a market capitalization of $6.30 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 52 week low of $173.01 and a 52 week high of $221.53. The stock’s 50-day moving average price is $216.45 and its 200-day moving average price is $208.04.

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.