Modera Wealth Management LLC Makes New Investment in Vanguard Mega Cap ETF $MGC

Modera Wealth Management LLC bought a new position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) during the third quarter, Holdings Channel reports. The fund bought 64,110 shares of the company’s stock, valued at approximately $18,099,000.

Several other hedge funds have also modified their holdings of the stock. International Assets Investment Management LLC acquired a new position in shares of Vanguard Mega Cap ETF in the 1st quarter valued at $27,000. Winch Advisory Services LLC purchased a new position in Vanguard Mega Cap ETF in the 1st quarter worth about $34,000. Signaturefd LLC acquired a new stake in Vanguard Mega Cap ETF during the 3rd quarter worth about $54,000. BOKF NA acquired a new stake in Vanguard Mega Cap ETF during the 3rd quarter worth about $79,000. Finally, Turtle Creek Wealth Advisors LLC acquired a new stake in Vanguard Mega Cap ETF during the 1st quarter worth about $71,000.

Vanguard Mega Cap ETF Trading Down 2.0%

MGC stock opened at $276.88 on Friday. Vanguard Mega Cap ETF has a one year low of $228.37 and a one year high of $289.10. The firm has a market capitalization of $10.08 billion, a PE ratio of 26.06 and a beta of 1.01. The firm has a 50-day moving average of $282.81 and a two-hundred day moving average of $267.00.

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.