Claro Advisors LLC Grows Position in Vanguard Mega Cap ETF $MGC

Claro Advisors LLC raised its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGCFree Report) by 72.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,629 shares of the company’s stock after buying an additional 9,113 shares during the quarter. Vanguard Mega Cap ETF comprises 0.8% of Claro Advisors LLC’s portfolio, making the stock its 22nd biggest holding. Claro Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $4,865,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Harbor Investment Advisory LLC purchased a new position in Vanguard Mega Cap ETF during the 2nd quarter valued at approximately $27,000. St. Johns Investment Management Company LLC purchased a new position in Vanguard Mega Cap ETF during the 2nd quarter valued at approximately $34,000. POM Investment Strategies LLC purchased a new position in Vanguard Mega Cap ETF during the 1st quarter valued at approximately $52,000. NorthRock Partners LLC purchased a new position in Vanguard Mega Cap ETF during the 1st quarter valued at approximately $56,000. Finally, Bank of Montreal Can grew its holdings in Vanguard Mega Cap ETF by 110.8% during the 2nd quarter. Bank of Montreal Can now owns 333 shares of the company’s stock valued at $75,000 after buying an additional 175 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

NYSEARCA MGC opened at $249.13 on Wednesday. The stock has a market capitalization of $8.73 billion, a PE ratio of 26.06 and a beta of 1.01. The business has a 50 day simple moving average of $243.32 and a two-hundred day simple moving average of $227.96. Vanguard Mega Cap ETF has a 1-year low of $173.32 and a 1-year high of $254.46.

About Vanguard Mega Cap ETF

(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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