HBW Advisory Services LLC Purchases 221 Shares of Vanguard Mega Cap ETF $MGC

HBW Advisory Services LLC increased its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 10.0% in the second quarter, Holdings Channel reports. The firm owned 2,438 shares of the company’s stock after purchasing an additional 221 shares during the period. HBW Advisory Services LLC’s holdings in Vanguard Mega Cap ETF were worth $548,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of MGC. Jones Financial Companies Lllp boosted its stake in Vanguard Mega Cap ETF by 2,183.2% in the 1st quarter. Jones Financial Companies Lllp now owns 476,255 shares of the company’s stock worth $95,908,000 after purchasing an additional 455,396 shares in the last quarter. Cetera Investment Advisers boosted its stake in Vanguard Mega Cap ETF by 190.4% in the 1st quarter. Cetera Investment Advisers now owns 272,932 shares of the company’s stock worth $54,963,000 after purchasing an additional 178,944 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Vanguard Mega Cap ETF by 19.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 522,390 shares of the company’s stock worth $105,199,000 after purchasing an additional 83,569 shares in the last quarter. Ascent Group LLC acquired a new stake in Vanguard Mega Cap ETF in the 1st quarter worth approximately $13,818,000. Finally, Two Sigma Investments LP acquired a new stake in Vanguard Mega Cap ETF in the 4th quarter worth approximately $11,654,000.

Vanguard Mega Cap ETF Stock Up 0.1%

MGC stock opened at $240.39 on Friday. The firm has a 50 day moving average of $232.20 and a 200 day moving average of $215.75. The stock has a market capitalization of $7.77 billion, a PE ratio of 26.06 and a beta of 1.00. Vanguard Mega Cap ETF has a 52 week low of $173.32 and a 52 week high of $240.93.

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.