MA Private Wealth Grows Stock Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

MA Private Wealth lifted its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 3.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 73,079 shares of the company’s stock after buying an additional 2,324 shares during the quarter. Vanguard Mega Cap ETF makes up 2.9% of MA Private Wealth’s holdings, making the stock its 11th largest position. MA Private Wealth owned about 0.25% of Vanguard Mega Cap ETF worth $15,541,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MGC. Fiduciary Advisors Inc. purchased a new position in Vanguard Mega Cap ETF in the fourth quarter valued at $4,968,000. Calton & Associates Inc. increased its stake in shares of Vanguard Mega Cap ETF by 61.4% in the 4th quarter. Calton & Associates Inc. now owns 27,343 shares of the company’s stock valued at $5,815,000 after purchasing an additional 10,407 shares in the last quarter. SOL Capital Management CO raised its holdings in Vanguard Mega Cap ETF by 15.5% in the 4th quarter. SOL Capital Management CO now owns 3,721 shares of the company’s stock worth $791,000 after purchasing an additional 500 shares during the period. USAdvisors Wealth Management LLC raised its holdings in Vanguard Mega Cap ETF by 2.5% in the 4th quarter. USAdvisors Wealth Management LLC now owns 20,786 shares of the company’s stock worth $4,420,000 after purchasing an additional 509 shares during the period. Finally, Strategic Blueprint LLC boosted its position in Vanguard Mega Cap ETF by 4.1% during the fourth quarter. Strategic Blueprint LLC now owns 35,022 shares of the company’s stock worth $7,448,000 after purchasing an additional 1,386 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

Vanguard Mega Cap ETF stock opened at $218.37 on Friday. The stock has a market capitalization of $6.30 billion, a PE ratio of 26.93 and a beta of 1.02. The business has a 50 day simple moving average of $216.45 and a 200-day simple moving average of $208.06. Vanguard Mega Cap ETF has a 12 month low of $173.01 and a 12 month high of $221.53.

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.