Harbour Investments Inc. Has $1.94 Million Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Harbour Investments Inc. grew its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 5.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,119 shares of the company’s stock after purchasing an additional 488 shares during the quarter. Harbour Investments Inc.’s holdings in Vanguard Mega Cap ETF were worth $1,939,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in MGC. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at about $65,366,000. Captrust Financial Advisors grew its position in shares of Vanguard Mega Cap ETF by 98.4% in the third quarter. Captrust Financial Advisors now owns 197,628 shares of the company’s stock valued at $40,838,000 after purchasing an additional 97,999 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of Vanguard Mega Cap ETF in the third quarter valued at about $16,907,000. Modera Wealth Management LLC grew its position in shares of Vanguard Mega Cap ETF by 5,628.7% in the fourth quarter. Modera Wealth Management LLC now owns 70,635 shares of the company’s stock valued at $15,021,000 after purchasing an additional 69,402 shares during the last quarter. Finally, Segment Wealth Management LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at about $9,684,000.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA:MGC opened at $204.56 on Tuesday. Vanguard Mega Cap ETF has a 52-week low of $176.66 and a 52-week high of $222.75. The company has a market cap of $6.30 billion, a P/E ratio of 26.29 and a beta of 1.01. The stock’s 50-day moving average is $215.07 and its 200-day moving average is $211.83.

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.