Avestar Capital LLC Purchases 299 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Avestar Capital LLC lifted its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 7.6% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 4,231 shares of the company’s stock after purchasing an additional 299 shares during the period. Avestar Capital LLC’s holdings in Vanguard Mega Cap ETF were worth $874,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Larson Financial Group LLC raised its stake in Vanguard Mega Cap ETF by 12.6% during the 3rd quarter. Larson Financial Group LLC now owns 474 shares of the company’s stock worth $98,000 after acquiring an additional 53 shares during the period. Diversify Advisory Services LLC grew its position in shares of Vanguard Mega Cap ETF by 3.2% during the third quarter. Diversify Advisory Services LLC now owns 1,880 shares of the company’s stock worth $396,000 after purchasing an additional 58 shares in the last quarter. Certified Advisory Corp lifted its holdings in Vanguard Mega Cap ETF by 0.8% in the 2nd quarter. Certified Advisory Corp now owns 9,156 shares of the company’s stock worth $1,806,000 after purchasing an additional 73 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its stake in Vanguard Mega Cap ETF by 0.8% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 9,382 shares of the company’s stock worth $1,939,000 after purchasing an additional 76 shares during the period. Finally, PDS Planning Inc boosted its stake in Vanguard Mega Cap ETF by 5.5% in the 3rd quarter. PDS Planning Inc now owns 1,504 shares of the company’s stock worth $311,000 after purchasing an additional 78 shares during the period.

Vanguard Mega Cap ETF Price Performance

Vanguard Mega Cap ETF stock opened at $215.88 on Wednesday. Vanguard Mega Cap ETF has a 1 year low of $161.92 and a 1 year high of $216.39. The firm’s 50 day moving average price is $208.92 and its 200-day moving average price is $200.76. The stock has a market cap of $6.22 billion, a P/E ratio of 26.93 and a beta of 1.02.

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.