One Capital Management LLC Increases Stake in Vanguard Mega Cap ETF (NYSEARCA:MGC)

One Capital Management LLC grew its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 6.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 176,088 shares of the company’s stock after purchasing an additional 11,181 shares during the period. Vanguard Mega Cap ETF comprises approximately 1.2% of One Capital Management LLC’s investment portfolio, making the stock its 26th largest holding. One Capital Management LLC owned 0.61% of Vanguard Mega Cap ETF worth $34,740,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Global Assets Advisory LLC acquired a new stake in Vanguard Mega Cap ETF during the first quarter valued at $52,361,000. Liberty Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap ETF in the 2nd quarter valued at about $30,741,000. Mesirow Financial Investment Management Inc. acquired a new position in Vanguard Mega Cap ETF in the 1st quarter worth about $18,320,000. Envestnet Asset Management Inc. grew its holdings in Vanguard Mega Cap ETF by 18.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 503,356 shares of the company’s stock valued at $85,208,000 after purchasing an additional 79,645 shares during the period. Finally, Apella Capital LLC grew its holdings in Vanguard Mega Cap ETF by 27.5% in the first quarter. Apella Capital LLC now owns 320,332 shares of the company’s stock valued at $59,447,000 after purchasing an additional 69,092 shares during the period.

Vanguard Mega Cap ETF Price Performance

Shares of MGC stock opened at $202.41 on Monday. Vanguard Mega Cap ETF has a 1-year low of $145.94 and a 1-year high of $204.72. The company has a market cap of $5.84 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. The stock has a 50 day simple moving average of $198.36 and a 200-day simple moving average of $191.69.

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.