Flagship Wealth Advisors LLC Purchases Shares of 14,921 Vanguard Mega Cap ETF (NYSEARCA:MGC)

Flagship Wealth Advisors LLC purchased a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 14,921 shares of the company’s stock, valued at approximately $3,173,000. Vanguard Mega Cap ETF comprises 1.9% of Flagship Wealth Advisors LLC’s portfolio, making the stock its 15th largest position. Flagship Wealth Advisors LLC owned about 0.05% of Vanguard Mega Cap ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Curio Wealth LLC bought a new position in Vanguard Mega Cap ETF during the fourth quarter valued at approximately $214,000. Gray Wealth Management Inc. grew its position in Vanguard Mega Cap ETF by 1.1% during the fourth quarter. Gray Wealth Management Inc. now owns 40,789 shares of the company’s stock valued at $8,674,000 after acquiring an additional 433 shares during the last quarter. Patten & Patten Inc. TN bought a new position in Vanguard Mega Cap ETF during the fourth quarter valued at approximately $2,951,000. Harbour Investments Inc. grew its position in Vanguard Mega Cap ETF by 5.7% during the fourth quarter. Harbour Investments Inc. now owns 9,119 shares of the company’s stock valued at $1,939,000 after acquiring an additional 488 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its position in Vanguard Mega Cap ETF by 1.7% during the fourth quarter. Commonwealth Equity Services LLC now owns 196,654 shares of the company’s stock valued at $41,820,000 after acquiring an additional 3,280 shares during the last quarter.

Vanguard Mega Cap ETF Price Performance

Shares of NYSEARCA MGC opened at $203.45 on Monday. Vanguard Mega Cap ETF has a one year low of $176.66 and a one year high of $222.75. The stock has a market capitalization of $6.26 billion, a P/E ratio of 26.29 and a beta of 1.01. The firm’s 50 day simple moving average is $215.07 and its two-hundred day simple moving average is $211.83.

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.