C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Has $4.08 Million Stake in Vanguard Mega Cap ETF (NYSEARCA:MGC)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 9.5% in the 3rd quarter, Holdings Channel reports. The firm owned 19,746 shares of the company’s stock after acquiring an additional 1,711 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Vanguard Mega Cap ETF were worth $4,080,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Voisard Asset Management Group Inc. bought a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter worth $30,000. PFG Private Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap ETF in the second quarter worth $31,000. Hershey Financial Advisers LLC bought a new stake in shares of Vanguard Mega Cap ETF in the second quarter worth $36,000. Future Financial Wealth Managment LLC bought a new stake in shares of Vanguard Mega Cap ETF in the first quarter worth $37,000. Finally, Acima Private Wealth LLC bought a new stake in Vanguard Mega Cap ETF during the fourth quarter valued at $40,000.

Vanguard Mega Cap ETF Trading Up 1.1 %

Shares of MGC opened at $206.46 on Wednesday. The stock has a market capitalization of $5.95 billion, a P/E ratio of 26.93 and a beta of 1.02. The firm’s fifty day simple moving average is $200.10 and its two-hundred day simple moving average is $194.18. Vanguard Mega Cap ETF has a 12 month low of $145.94 and a 12 month high of $206.99.

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.