Vanguard Mega Cap ETF (NYSEARCA:MGC) Hits New 52-Week High – Here’s What Happened

Vanguard Mega Cap ETF (NYSEARCA:MGC)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $222.12 and last traded at $222.12, with a volume of 177037 shares traded. The stock had previously closed at $221.78.

Vanguard Mega Cap ETF Stock Performance

The company’s 50-day moving average price is $217.21 and its 200 day moving average price is $210.24. The stock has a market capitalization of $6.39 billion, a PE ratio of 26.93 and a beta of 1.02.

Institutional Trading of Vanguard Mega Cap ETF

Several large investors have recently bought and sold shares of the company. Revisor Wealth Management LLC lifted its stake in shares of Vanguard Mega Cap ETF by 20.4% in the 4th quarter. Revisor Wealth Management LLC now owns 1,979 shares of the company’s stock valued at $421,000 after purchasing an additional 335 shares during the period. Glen Eagle Advisors LLC raised its holdings in Vanguard Mega Cap ETF by 68.4% in the fourth quarter. Glen Eagle Advisors LLC now owns 426 shares of the company’s stock worth $91,000 after purchasing an additional 173 shares in the last quarter. Mpwm Advisory Solutions LLC purchased a new position in Vanguard Mega Cap ETF during the fourth quarter valued at $1,013,000. Waverly Advisors LLC purchased a new position in Vanguard Mega Cap ETF during the fourth quarter valued at $204,000. Finally, Two Sigma Investments LP bought a new stake in shares of Vanguard Mega Cap ETF during the 4th quarter valued at $11,654,000.

About Vanguard Mega Cap ETF

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.