Joel Isaacson & Co. LLC Buys New Position in Vanguard Mega Cap ETF $MGC

Joel Isaacson & Co. LLC bought a new position in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,321 shares of the company’s stock, valued at approximately $655,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new position in shares of Vanguard Mega Cap ETF during the 1st quarter valued at $27,000. Silver Grove Financial Group Inc. raised its stake in shares of Vanguard Mega Cap ETF by 87.7% in the 3rd quarter. Silver Grove Financial Group Inc. now owns 137 shares of the company’s stock worth $39,000 after buying an additional 64 shares in the last quarter. Signaturefd LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter worth $54,000. BOKF NA acquired a new stake in shares of Vanguard Mega Cap ETF in the third quarter valued at $79,000. Finally, Western Wealth Management LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the first quarter valued at $152,000.

Vanguard Mega Cap ETF Stock Down 0.2%

Shares of MGC stock opened at $277.50 on Friday. The stock has a 50-day simple moving average of $281.78 and a 200 day simple moving average of $268.03. Vanguard Mega Cap ETF has a fifty-two week low of $228.37 and a fifty-two week high of $289.10. The stock has a market capitalization of $10.12 billion, a P/E ratio of 23.65 and a beta of 1.01.

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.