Beaumont Financial Advisors LLC Has $704,000 Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Beaumont Financial Advisors LLC lifted its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 18.8% during the 4th quarter, HoldingsChannel reports. The fund owned 4,158 shares of the company’s stock after purchasing an additional 659 shares during the period. Beaumont Financial Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $704,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Compass Ion Advisors LLC increased its stake in shares of Vanguard Mega Cap ETF by 3.6% in the fourth quarter. Compass Ion Advisors LLC now owns 1,812 shares of the company’s stock valued at $307,000 after buying an additional 63 shares during the period. Vanguard Group Inc. raised its stake in shares of Vanguard Mega Cap ETF by 1.5% during the third quarter. Vanguard Group Inc. now owns 4,388 shares of the company’s stock valued at $666,000 after acquiring an additional 65 shares during the last quarter. DB Wealth Management Group LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 2.2% during the third quarter. DB Wealth Management Group LLC now owns 3,099 shares of the company’s stock worth $471,000 after purchasing an additional 66 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of Vanguard Mega Cap ETF by 1.0% in the third quarter. Mercer Global Advisors Inc. ADV now owns 7,551 shares of the company’s stock worth $943,000 after purchasing an additional 75 shares during the last quarter. Finally, Global Retirement Partners LLC grew its stake in shares of Vanguard Mega Cap ETF by 17.1% in the fourth quarter. Global Retirement Partners LLC now owns 637 shares of the company’s stock worth $108,000 after purchasing an additional 93 shares during the last quarter.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA:MGC opened at $177.06 on Friday. Vanguard Mega Cap ETF has a fifty-two week low of $141.58 and a fifty-two week high of $187.68. The company has a 50 day simple moving average of $183.09 and a two-hundred day simple moving average of $170.35. The company has a market capitalization of $5.10 billion, a PE ratio of 27.80 and a beta of 1.01.

Vanguard Mega Cap ETF 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.