Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $21.54 Million Position in Vanguard Mega Cap ETF $MGC

Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 3.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 85,758 shares of the company’s stock after acquiring an additional 2,666 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management owned approximately 0.22% of Vanguard Mega Cap ETF worth $21,540,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in MGC. BCGM Wealth Management LLC raised its holdings in shares of Vanguard Mega Cap ETF by 97.3% during the 3rd quarter. BCGM Wealth Management LLC now owns 38,081 shares of the company’s stock valued at $9,295,000 after purchasing an additional 18,783 shares in the last quarter. BAM Wealth Management LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter valued at $806,000. Beacon Financial Group boosted 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 worth $13,883,000 after purchasing an additional 28,738 shares in the last quarter. Exchange Traded Concepts LLC bought a new stake in Vanguard Mega Cap ETF in the fourth quarter worth $11,119,000. Finally, Commonwealth Equity Services LLC increased its position in Vanguard Mega Cap ETF by 8.3% during the third quarter. Commonwealth Equity Services LLC now owns 210,501 shares of the company’s stock worth $51,381,000 after buying an additional 16,074 shares during the last quarter.

Vanguard Mega Cap ETF Price Performance

NYSEARCA MGC opened at $238.26 on Thursday. Vanguard Mega Cap ETF has a fifty-two week low of $173.32 and a fifty-two week high of $255.75. The stock’s 50-day moving average is $246.76 and its two-hundred day moving average is $247.97. The firm has a market cap of $9.35 billion, a P/E ratio of 26.06 and a beta of 1.01.

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.