70,582 Shares in Vanguard Mega Cap ETF (NYSEARCA:MGC) Acquired by VSM Wealth Advisory LLC

VSM Wealth Advisory LLC purchased a new position in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the fourth quarter, Holdings Channel.com reports. The fund purchased 70,582 shares of the company’s stock, valued at approximately $15,010,000. Vanguard Mega Cap ETF accounts for 5.3% of VSM Wealth Advisory LLC’s portfolio, making the stock its 3rd largest position.

A number of other hedge funds also recently modified their holdings of MGC. New York Life Investment Management LLC raised its holdings in Vanguard Mega Cap ETF by 3.3% during the 4th quarter. New York Life Investment Management LLC now owns 536,666 shares of the company’s stock valued at $114,127,000 after acquiring an additional 17,030 shares during the period. Leavell Investment Management Inc. raised its holdings in Vanguard Mega Cap ETF by 3.3% during the 4th quarter. Leavell Investment Management Inc. now owns 470,036 shares of the company’s stock valued at $99,958,000 after acquiring an additional 15,008 shares during the period. PNC Financial Services Group Inc. raised its holdings in Vanguard Mega Cap ETF by 1.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 410,655 shares of the company’s stock valued at $87,330,000 after acquiring an additional 7,712 shares during the period. Raymond James Financial Inc. bought a new stake in Vanguard Mega Cap ETF during the 4th quarter valued at $65,366,000. Finally, Truist Financial Corp raised its holdings in Vanguard Mega Cap ETF by 5.0% during the 4th quarter. Truist Financial Corp now owns 228,744 shares of the company’s stock valued at $48,645,000 after acquiring an additional 10,881 shares during the period.

Vanguard Mega Cap ETF Price Performance

Shares of MGC stock opened at $202.29 on Wednesday. The company’s fifty day simple moving average is $214.61 and its two-hundred day simple moving average is $211.85. Vanguard Mega Cap ETF has a 1 year low of $176.66 and a 1 year high of $222.75. The stock has a market capitalization of $6.23 billion, a price-to-earnings ratio of 26.29 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.