Foundations Investment Advisors LLC Purchases New Position in Vanguard Mega Cap ETF $MGC

Foundations Investment Advisors LLC purchased a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 4th quarter, HoldingsChannel reports. The fund purchased 3,284 shares of the company’s stock, valued at approximately $825,000.

Other large investors have also recently added to or reduced their stakes in the company. Collier Financial acquired a new stake in Vanguard Mega Cap ETF in the 3rd quarter valued at $37,000. Blue Trust Inc. acquired a new stake in Vanguard Mega Cap ETF in the 4th quarter valued at $48,000. Howe & Rusling Inc. acquired a new stake in Vanguard Mega Cap ETF in the 3rd quarter valued at $60,000. GGM Financials LLC acquired a new stake in Vanguard Mega Cap ETF in the 3rd quarter valued at $77,000. Finally, Entrust Financial LLC acquired a new stake in Vanguard Mega Cap ETF in the 4th quarter valued at $102,000.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA MGC opened at $278.57 on Monday. Vanguard Mega Cap ETF has a 12-month low of $211.49 and a 12-month high of $279.31. The company has a market cap of $9.98 billion, a P/E ratio of 26.06 and a beta of 1.01. The stock has a fifty day moving average price of $257.14 and a 200 day moving average price of $252.60.

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.