Savvy Advisors Inc. Takes $869,000 Position in Vanguard Mega Cap ETF $MGC

Savvy Advisors Inc. bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,459 shares of the company’s stock, valued at approximately $869,000.

Other institutional investors have also modified their holdings of the company. HF Advisory Group LLC boosted its stake in shares of Vanguard Mega Cap ETF by 149.7% in the fourth quarter. HF Advisory Group LLC now owns 33,816 shares of the company’s stock valued at $8,494,000 after buying an additional 20,271 shares in the last quarter. Blue Trust Inc. purchased a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at approximately $48,000. CRA Financial Services LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at approximately $210,000. RHS Financial LLC boosted its stake in shares of Vanguard Mega Cap ETF by 9.3% in the fourth quarter. RHS Financial LLC now owns 1,469 shares of the company’s stock valued at $369,000 after buying an additional 125 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of Vanguard Mega Cap ETF by 3.2% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 85,758 shares of the company’s stock valued at $21,540,000 after buying an additional 2,666 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

Vanguard Mega Cap ETF stock opened at $239.66 on Wednesday. Vanguard Mega Cap ETF has a 1-year low of $176.49 and a 1-year high of $255.75. The company has a market cap of $9.04 billion, a PE ratio of 26.06 and a beta of 1.01. The stock’s 50 day moving average price is $245.62 and its 200 day moving average price is $247.91.

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.