Mosley Wealth Management Purchases New Shares in Vanguard Mega Cap ETF $MGC

Mosley Wealth Management purchased a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,145 shares of the company’s stock, valued at approximately $776,000.

Several other institutional investors have also modified their holdings of MGC. Keel Point LLC grew its position in shares of Vanguard Mega Cap ETF by 1.8% in the fourth quarter. Keel Point LLC now owns 49,829 shares of the company’s stock valued at $12,516,000 after purchasing an additional 862 shares during the period. Empowered Funds LLC grew its position in shares of Vanguard Mega Cap ETF by 197.2% in the fourth quarter. Empowered Funds LLC now owns 3,911 shares of the company’s stock valued at $982,000 after purchasing an additional 2,595 shares during the period. Simplex Trading LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at about $473,000. Cerity Partners LLC grew its position in shares of Vanguard Mega Cap ETF by 3.7% in the fourth quarter. Cerity Partners LLC now owns 10,413 shares of the company’s stock valued at $2,615,000 after purchasing an additional 370 shares during the period. Finally, LPL Financial LLC grew its position in shares of Vanguard Mega Cap ETF by 1.2% in the fourth quarter. LPL Financial LLC now owns 486,850 shares of the company’s stock valued at $122,282,000 after purchasing an additional 5,822 shares during the period.

Vanguard Mega Cap ETF Stock Up 1.7%

Shares of NYSEARCA MGC opened at $270.48 on Friday. The company’s 50-day simple moving average is $263.93 and its 200-day simple moving average is $254.37. Vanguard Mega Cap ETF has a 52-week low of $215.45 and a 52-week high of $280.10. The firm has a market cap of $9.69 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01.

About Vanguard Mega Cap ETF

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.