Breakwater Investment Management Raises Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Breakwater Investment Management lifted its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 19.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,934 shares of the company’s stock after acquiring an additional 1,139 shares during the period. Breakwater Investment Management’s holdings in Vanguard Mega Cap ETF were worth $1,475,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Decker Retirement Planning Inc. purchased a new position in Vanguard Mega Cap ETF during the 4th quarter worth $30,000. Ashton Thomas Securities LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the third quarter worth about $33,000. Hershey Financial Advisers LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the second quarter worth about $36,000. Future Financial Wealth Managment LLC acquired a new position in Vanguard Mega Cap ETF in the 3rd quarter valued at about $41,000. Finally, Tsfg LLC purchased a new stake in Vanguard Mega Cap ETF during the 4th quarter valued at approximately $42,000.

Vanguard Mega Cap ETF Trading Up 1.2 %

Vanguard Mega Cap ETF stock opened at $216.45 on Tuesday. The stock has a market capitalization of $6.24 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. The stock has a 50 day moving average of $215.42 and a two-hundred day moving average of $207.08. Vanguard Mega Cap ETF has a twelve month low of $169.24 and a twelve month high of $220.49.

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.