Level Four Advisory Services LLC Has $1.60 Million Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Level Four Advisory Services LLC raised its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGCFree Report) by 11.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,253 shares of the company’s stock after purchasing an additional 1,079 shares during the quarter. Level Four Advisory Services LLC’s holdings in Vanguard Mega Cap ETF were worth $1,604,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in MGC. First Citizens Bank & Trust Co. acquired a new position in shares of Vanguard Mega Cap ETF in the first quarter worth $495,000. HF Advisory Group LLC increased its stake in shares of Vanguard Mega Cap ETF by 1.6% in the first quarter. HF Advisory Group LLC now owns 13,845 shares of the company’s stock worth $1,982,000 after acquiring an additional 214 shares during the last quarter. Physician Wealth Advisors Inc. increased its stake in shares of Vanguard Mega Cap ETF by 0.9% in the first quarter. Physician Wealth Advisors Inc. now owns 29,824 shares of the company’s stock worth $4,325,000 after acquiring an additional 276 shares during the last quarter. Destination Wealth Management increased its stake in shares of Vanguard Mega Cap ETF by 1.4% in the fourth quarter. Destination Wealth Management now owns 50,146 shares of the company’s stock worth $6,639,000 after acquiring an additional 678 shares during the last quarter. Finally, Financial Freedom LLC acquired a new position in shares of Vanguard Mega Cap ETF in the fourth quarter worth $999,000.

Vanguard Mega Cap ETF Trading Down 0.2 %

NYSEARCA MGC opened at $152.95 on Friday. Vanguard Mega Cap ETF has a 1-year low of $121.30 and a 1-year high of $162.29. The company has a market capitalization of $4.03 billion, a PE ratio of 20.60 and a beta of 1.00. The firm’s fifty day simple moving average is $158.26 and its 200-day simple moving average is $150.77.

Vanguard Mega Cap ETF Company Profile

(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.

Further Reading

Institutional Ownership by Quarter for Vanguard Mega Cap ETF (NYSEARCA:MGC)

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