Vanguard Mega Cap ETF $MGC Shares Purchased by David Kennon Inc

David Kennon Inc grew its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 0.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,933 shares of the company’s stock after purchasing an additional 82 shares during the period. Vanguard Mega Cap ETF makes up 1.0% of David Kennon Inc’s portfolio, making the stock its 21st biggest holding. David Kennon Inc’s holdings in Vanguard Mega Cap ETF were worth $2,684,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of MGC. Harbor Investment Advisory LLC bought a new stake in Vanguard Mega Cap ETF in the second quarter worth approximately $27,000. POM Investment Strategies LLC bought a new stake in shares of Vanguard Mega Cap ETF in the first quarter valued at about $52,000. NorthRock Partners LLC bought a new stake in shares of Vanguard Mega Cap ETF during the first quarter valued at approximately $56,000. Golden State Wealth Management LLC lifted its stake in Vanguard Mega Cap ETF by 137.0% during the first quarter. Golden State Wealth Management LLC now owns 320 shares of the company’s stock worth $64,000 after purchasing an additional 185 shares during the period. Finally, Dagco Inc. acquired a new stake in shares of Vanguard Mega Cap ETF in the 1st quarter valued at $79,000.

Vanguard Mega Cap ETF Stock Up 0.5%

Vanguard Mega Cap ETF stock opened at $243.08 on Friday. The stock has a 50-day simple moving average of $235.39 and a 200 day simple moving average of $218.07. Vanguard Mega Cap ETF has a 12-month low of $173.32 and a 12-month high of $245.68. The stock has a market capitalization of $7.86 billion, a price-to-earnings ratio of 26.06 and a beta of 1.00.

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.