Royal Fund Management LLC Grows Stock Holdings in Vanguard Mega Cap ETF $MGC

Royal Fund Management LLC grew its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 66.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,512 shares of the company’s stock after acquiring an additional 2,593 shares during the period. Royal Fund Management LLC’s holdings in Vanguard Mega Cap ETF were worth $1,640,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of MGC. Kilter Group LLC bought a new stake in shares of Vanguard Mega Cap ETF in the second quarter worth about $26,000. Collier Financial bought a new position in Vanguard Mega Cap ETF during the 3rd quarter valued at approximately $37,000. Howe & Rusling Inc. purchased a new stake in Vanguard Mega Cap ETF in the 3rd quarter worth approximately $60,000. Bfsg LLC lifted its holdings in Vanguard Mega Cap ETF by 1,165.0% in the 3rd quarter. Bfsg LLC now owns 253 shares of the company’s stock worth $62,000 after buying an additional 233 shares during the period. Finally, GGM Financials LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter worth approximately $77,000.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC stock opened at $236.35 on Wednesday. Vanguard Mega Cap ETF has a fifty-two week low of $173.32 and a fifty-two week high of $255.75. The firm has a market cap of $9.27 billion, a P/E ratio of 26.06 and a beta of 1.01. The business’s 50 day moving average price is $247.00 and its 200-day moving average price is $248.03.

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.