Wealthgarden F.S. LLC Makes New Investment in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Wealthgarden F.S. LLC bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,525 shares of the company’s stock, valued at approximately $695,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Voisard Asset Management Group Inc. purchased a new stake in Vanguard Mega Cap ETF in the 4th quarter worth about $30,000. PFG Private Wealth Management LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the second quarter worth approximately $31,000. Future Financial Wealth Managment LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the first quarter worth approximately $37,000. Acima Private Wealth LLC purchased a new position in Vanguard Mega Cap ETF during the fourth quarter valued at approximately $40,000. Finally, Principal Securities Inc. acquired a new position in Vanguard Mega Cap ETF in the 4th quarter valued at approximately $55,000.

Vanguard Mega Cap ETF Stock Up 1.2 %

MGC stock opened at $199.86 on Thursday. The company has a 50 day moving average of $198.35 and a two-hundred day moving average of $191.28. The company has a market cap of $5.76 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 12-month low of $145.94 and a 12-month high of $204.72.

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.