Claro Advisors Inc. Boosts Stock Position in Vanguard Mega Cap ETF $MGC

Claro Advisors Inc. grew its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGCFree Report) by 14.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 45,428 shares of the company’s stock after acquiring an additional 5,579 shares during the period. Vanguard Mega Cap ETF accounts for approximately 1.6% of Claro Advisors Inc.’s portfolio, making the stock its 14th largest holding. Claro Advisors Inc. owned 0.12% of Vanguard Mega Cap ETF worth $11,410,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Blue Trust Inc. purchased a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter worth $48,000. GGM Financials LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the third quarter worth $77,000. Entrust Financial LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter worth $102,000. Sound Income Strategies LLC raised its position in shares of Vanguard Mega Cap ETF by 816.0% in the fourth quarter. Sound Income Strategies LLC now owns 458 shares of the company’s stock worth $116,000 after buying an additional 408 shares in the last quarter. Finally, FNY Investment Advisers LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the third quarter worth $122,000.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC stock opened at $271.78 on Thursday. Vanguard Mega Cap ETF has a 52-week low of $215.45 and a 52-week high of $280.10. The company has a market capitalization of $9.73 billion, a PE ratio of 26.06 and a beta of 1.01. The business’s fifty day moving average is $266.74 and its 200 day moving average is $255.07.

Vanguard Mega Cap ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Mega Cap ETF (NYSEARCA:MGC)

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