Matthew Goff Investment Advisor LLC Invests $2.64 Million in Vanguard Mega Cap ETF $MGC

Matthew Goff Investment Advisor LLC purchased a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,181 shares of the company’s stock, valued at approximately $2,643,000.

Several other hedge funds have also made changes to their positions in MGC. Blue Trust Inc. purchased a new position in Vanguard Mega Cap ETF during the 4th quarter worth approximately $48,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at $48,000. SHP Wealth Management acquired a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter worth $68,000. GGM Financials LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the third quarter worth $77,000. Finally, Entrust Financial LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter worth $102,000.

Vanguard Mega Cap ETF Trading Down 0.6%

Shares of MGC stock opened at $273.11 on Tuesday. Vanguard Mega Cap ETF has a 1-year low of $215.45 and a 1-year high of $280.10. The company has a market capitalization of $9.78 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. The stock’s fifty day simple moving average is $268.54 and its 200-day simple moving average is $255.56.

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.