Modera Wealth Management LLC Increases Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Modera Wealth Management LLC increased its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 5,628.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,635 shares of the company’s stock after acquiring an additional 69,402 shares during the period. Modera Wealth Management LLC owned approximately 0.25% of Vanguard Mega Cap ETF worth $15,021,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Financial Advocates Investment Management boosted its holdings in shares of Vanguard Mega Cap ETF by 9.1% in the 3rd quarter. Financial Advocates Investment Management now owns 1,420 shares of the company’s stock worth $298,000 after purchasing an additional 118 shares during the period. US Bancorp DE lifted its position in Vanguard Mega Cap ETF by 269.0% in the third quarter. US Bancorp DE now owns 10,700 shares of the company’s stock worth $2,211,000 after buying an additional 7,800 shares during the last quarter. Financial Freedom LLC boosted its stake in Vanguard Mega Cap ETF by 5.6% during the third quarter. Financial Freedom LLC now owns 9,307 shares of the company’s stock worth $1,923,000 after buying an additional 496 shares during the period. Brooklyn FI LLC increased its position in Vanguard Mega Cap ETF by 60.2% during the third quarter. Brooklyn FI LLC now owns 2,526 shares of the company’s stock valued at $522,000 after acquiring an additional 949 shares during the last quarter. Finally, PDS Planning Inc increased its position in Vanguard Mega Cap ETF by 5.5% during the third quarter. PDS Planning Inc now owns 1,504 shares of the company’s stock valued at $311,000 after acquiring an additional 78 shares during the last quarter.

Vanguard Mega Cap ETF Trading Up 1.7 %

Vanguard Mega Cap ETF stock opened at $215.31 on Friday. Vanguard Mega Cap ETF has a 12-month low of $176.66 and a 12-month high of $222.75. The firm has a 50-day moving average price of $217.07 and a 200-day moving average price of $211.33. The firm has a market capitalization of $6.62 billion, a PE ratio of 27.81 and a beta of 1.01.

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.