Clune & Associates LTD. Makes New $293,000 Investment in Vanguard Mega Cap ETF $MGC

Clune & Associates LTD. acquired a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,305 shares of the company’s stock, valued at approximately $293,000.

Other hedge funds have also recently modified their holdings of the company. Mesirow Financial Investment Management Inc. raised its position in Vanguard Mega Cap ETF by 2.1% during the first quarter. Mesirow Financial Investment Management Inc. now owns 105,178 shares of the company’s stock valued at $21,181,000 after acquiring an additional 2,159 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Vanguard Mega Cap ETF by 105.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 79,888 shares of the company’s stock valued at $16,088,000 after purchasing an additional 41,050 shares in the last quarter. Wooster Corthell Wealth Management Inc. increased its holdings in shares of Vanguard Mega Cap ETF by 0.5% during the 1st quarter. Wooster Corthell Wealth Management Inc. now owns 474,250 shares of the company’s stock valued at $95,505,000 after purchasing an additional 2,214 shares in the last quarter. Elevation Capital Advisory LLC acquired a new position in shares of Vanguard Mega Cap ETF in the 2nd quarter valued at $6,011,000. Finally, LPL Financial LLC boosted its holdings in Vanguard Mega Cap ETF by 2.5% during the first quarter. LPL Financial LLC now owns 440,223 shares of the company’s stock worth $88,652,000 after buying an additional 10,778 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

MGC opened at $246.53 on Tuesday. Vanguard Mega Cap ETF has a fifty-two week low of $173.32 and a fifty-two week high of $247.39. The company has a fifty day moving average of $239.87 and a two-hundred day moving average of $223.05. The stock has a market capitalization of $8.64 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.