Colorado Capital Management Inc. Acquires 2,659 Shares of Vanguard Mega Cap ETF $MGC

Colorado Capital Management Inc. lifted its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 5.2% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 53,387 shares of the company’s stock after purchasing an additional 2,659 shares during the quarter. Vanguard Mega Cap ETF comprises about 5.0% of Colorado Capital Management Inc.’s holdings, making the stock its 3rd biggest holding. Colorado Capital Management Inc. owned about 0.14% of Vanguard Mega Cap ETF worth $13,409,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in Vanguard Mega Cap ETF by 14.3% in the third quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 83,092 shares of the company’s stock valued at $20,282,000 after acquiring an additional 10,383 shares in the last quarter. BCGM Wealth Management LLC raised its holdings in Vanguard Mega Cap ETF by 97.3% in the third quarter. BCGM Wealth Management LLC now owns 38,081 shares of the company’s stock valued at $9,295,000 after acquiring an additional 18,783 shares in the last quarter. BAM Wealth Management LLC acquired a new stake in Vanguard Mega Cap ETF in the third quarter valued at approximately $806,000. Beacon Financial Group raised its holdings in Vanguard Mega Cap ETF by 102.1% in the third quarter. Beacon Financial Group now owns 56,875 shares of the company’s stock valued at $13,883,000 after acquiring an additional 28,738 shares in the last quarter. Finally, Exchange Traded Concepts LLC acquired a new stake in Vanguard Mega Cap ETF in the fourth quarter valued at approximately $11,119,000.

Vanguard Mega Cap ETF Stock Down 0.0%

Shares of NYSEARCA:MGC opened at $247.38 on Friday. The stock has a market cap of $8.86 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a fifty-two week low of $182.96 and a fifty-two week high of $255.75. The firm’s 50 day moving average price is $245.18 and its 200 day moving average price is $247.93.

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.