BIP Wealth LLC Makes New $1.54 Million Investment in Vanguard Mega Cap ETF $MGC

BIP Wealth LLC purchased a new position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 6,149 shares of the company’s stock, valued at approximately $1,544,000.

A number of other large investors also recently bought and sold shares of the stock. National Wealth Management Group LLC raised its holdings in shares of Vanguard Mega Cap ETF by 2.6% in the 4th quarter. National Wealth Management Group LLC now owns 1,568 shares of the company’s stock worth $394,000 after purchasing an additional 40 shares in the last quarter. Pinnacle Financial Partners Inc. raised its holdings in shares of Vanguard Mega Cap ETF by 1.4% in the 3rd quarter. Pinnacle Financial Partners Inc. now owns 3,089 shares of the company’s stock worth $754,000 after purchasing an additional 42 shares in the last quarter. Brooklyn FI LLC raised its holdings in shares of Vanguard Mega Cap ETF by 0.7% in the 4th quarter. Brooklyn FI LLC now owns 6,453 shares of the company’s stock worth $1,621,000 after purchasing an additional 42 shares in the last quarter. Keystone Financial Group raised its holdings in shares of Vanguard Mega Cap ETF by 2.8% in the 3rd quarter. Keystone Financial Group now owns 1,666 shares of the company’s stock worth $407,000 after purchasing an additional 46 shares in the last quarter. Finally, Savant Capital LLC raised its holdings in shares of Vanguard Mega Cap ETF by 0.4% in the 3rd quarter. Savant Capital LLC now owns 12,410 shares of the company’s stock worth $3,029,000 after purchasing an additional 51 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

NYSEARCA MGC opened at $245.62 on Thursday. The company’s 50 day simple moving average is $245.44 and its 200 day simple moving average is $247.89. Vanguard Mega Cap ETF has a 12 month low of $178.26 and a 12 month high of $255.75. The company has a market capitalization of $9.27 billion, a P/E ratio of 26.06 and a beta of 1.01.

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.