2,196 Shares in Vanguard Mega Cap ETF $MGC Bought by Alpine Bank Wealth Management

Alpine Bank Wealth Management acquired a new position in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the second quarter, Holdings Channel reports. The firm acquired 2,196 shares of the company’s stock, valued at approximately $494,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in MGC. Harbor Investment Advisory LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the second quarter worth $27,000. POM Investment Strategies LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the first quarter worth $52,000. NorthRock Partners LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the first quarter worth $56,000. Golden State Wealth Management LLC raised its position 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 valued at $64,000 after purchasing an additional 185 shares in the last quarter. Finally, Dagco Inc. purchased a new stake in Vanguard Mega Cap ETF during the first quarter valued at about $79,000.

Vanguard Mega Cap ETF Stock Up 0.5%

NYSEARCA MGC opened at $243.08 on Monday. The stock’s 50-day simple moving average is $235.39 and its two-hundred day simple moving average is $218.32. Vanguard Mega Cap ETF has a twelve month low of $173.32 and a twelve month high of $245.68. The company 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 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.