Orser Capital Management LLC Makes New Investment in Vanguard Mega Cap ETF $MGC

Orser Capital Management LLC purchased a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the second quarter, Holdings Channel.com reports. The firm purchased 4,115 shares of the company’s stock, valued at approximately $1,126,000.

Several other large investors have also recently made changes to their positions in the stock. International Assets Investment Management LLC bought a new stake in Vanguard Mega Cap ETF during the first quarter valued at about $27,000. Winch Advisory Services LLC bought a new position in Vanguard Mega Cap ETF in the first quarter worth about $34,000. Blue Trust Inc. bought a new position in Vanguard Mega Cap ETF in the fourth quarter worth about $48,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter valued at about $48,000. Finally, SHP Wealth Management purchased a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter valued at about $68,000.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA:MGC opened at $281.97 on Friday. Vanguard Mega Cap ETF has a fifty-two week low of $228.37 and a fifty-two week high of $284.88. The stock has a market capitalization of $10.31 billion, a P/E ratio of 26.06 and a beta of 1.01. The company’s 50-day simple moving average is $273.52 and its 200-day simple moving average is $260.43.

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.