Colorado Capital Management Inc. Buys Shares of 3,593 Vanguard Mega Cap ETF (NYSEARCA:MGC)

Colorado Capital Management Inc. purchased a new position in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,593 shares of the company’s stock, valued at approximately $671,000.

Several other hedge funds have also recently bought and sold shares of MGC. Nations Financial Group Inc. IA ADV grew its holdings in Vanguard Mega Cap ETF by 0.7% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 9,541 shares of the company’s stock valued at $1,615,000 after purchasing an additional 62 shares during the last quarter. Compass Ion Advisors LLC lifted its stake in shares of Vanguard Mega Cap ETF by 3.6% during 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. Fisher Asset Management LLC boosted its holdings in shares of Vanguard Mega Cap ETF by 4.2% during the fourth quarter. Fisher Asset Management LLC now owns 1,595 shares of the company’s stock worth $270,000 after purchasing an additional 65 shares during the last quarter. Institute for Wealth Management LLC. boosted its stake in Vanguard Mega Cap ETF by 4.3% in the 4th quarter. Institute for Wealth Management LLC. now owns 2,043 shares of the company’s stock worth $346,000 after buying an additional 84 shares during the last quarter. Finally, Global Retirement Partners LLC grew its holdings in Vanguard Mega Cap ETF by 17.1% in the 4th quarter. Global Retirement Partners LLC now owns 637 shares of the company’s stock valued at $108,000 after buying an additional 93 shares during the period.

Vanguard Mega Cap ETF Stock Up 0.1 %

Shares of MGC stock traded up $0.24 during trading hours on Thursday, hitting $198.24. 109,094 shares of the company were exchanged, compared to its average volume of 80,682. The firm has a fifty day moving average of $189.00 and a 200 day moving average of $181.49. Vanguard Mega Cap ETF has a 1 year low of $145.94 and a 1 year high of $199.30. The firm has a market cap of $5.72 billion, a PE ratio of 26.93 and a beta of 1.02.

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.