Vanguard Mega Cap ETF $MGC Position Boosted by BCGM Wealth Management LLC

BCGM Wealth Management LLC boosted its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 97.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 38,081 shares of the company’s stock after acquiring an additional 18,783 shares during the period. Vanguard Mega Cap ETF accounts for 2.4% of BCGM Wealth Management LLC’s portfolio, making the stock its 8th largest holding. BCGM Wealth Management LLC owned approximately 0.11% of Vanguard Mega Cap ETF worth $9,295,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Orion Porfolio Solutions LLC grew its position in shares of Vanguard Mega Cap ETF by 577.3% during the second quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock valued at $235,127,000 after purchasing an additional 891,030 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Vanguard Mega Cap ETF by 99.2% during the third quarter. Envestnet Asset Management Inc. now owns 1,720,955 shares of the company’s stock valued at $420,068,000 after buying an additional 857,073 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in Vanguard Mega Cap ETF during the 3rd quarter valued at approximately $161,189,000. RiverFront Investment Group LLC grew its holdings in Vanguard Mega Cap ETF by 30,480.3% during the 2nd quarter. RiverFront Investment Group LLC now owns 476,135 shares of the company’s stock valued at $107,092,000 after buying an additional 474,578 shares in the last quarter. Finally, Procyon Advisors LLC bought a new stake in Vanguard Mega Cap ETF in the 3rd quarter worth approximately $111,919,000.

Vanguard Mega Cap ETF Price Performance

Shares of MGC opened at $249.04 on Monday. The stock has a market capitalization of $9.77 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 1 year low of $173.32 and a 1 year high of $255.75. The business’s 50 day simple moving average is $251.90 and its 200-day simple moving average is $247.08.

Vanguard Mega Cap ETF 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.