LongView Wealth Management Grows Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

LongView Wealth Management lifted its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,506 shares of the company’s stock after purchasing an additional 78 shares during the period. LongView Wealth Management’s holdings in Vanguard Mega Cap ETF were worth $1,216,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of MGC. Global Assets Advisory LLC purchased a new stake in Vanguard Mega Cap ETF in the first quarter valued at $52,361,000. Apella Capital LLC increased its stake in Vanguard Mega Cap ETF by 63.6% in the fourth quarter. Apella Capital LLC now owns 251,240 shares of the company’s stock valued at $41,799,000 after purchasing an additional 97,627 shares during the period. Modera Wealth Management LLC increased its stake in Vanguard Mega Cap ETF by 6,409.4% in the third quarter. Modera Wealth Management LLC now owns 83,776 shares of the company’s stock valued at $12,723,000 after purchasing an additional 82,489 shares during the period. Truist Financial Corp increased its stake in shares of Vanguard Mega Cap ETF by 33.0% during the fourth quarter. Truist Financial Corp now owns 328,112 shares of the company’s stock worth $55,543,000 after acquiring an additional 81,489 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in shares of Vanguard Mega Cap ETF by 18.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 503,356 shares of the company’s stock worth $85,208,000 after acquiring an additional 79,645 shares during the period.

Vanguard Mega Cap ETF Trading Down 0.5 %

Shares of Vanguard Mega Cap ETF stock traded down $1.05 on Friday, reaching $197.19. 77,681 shares of the stock were exchanged, compared to its average volume of 80,657. The business has a fifty day moving average price of $189.78 and a two-hundred day moving average price of $181.83. Vanguard Mega Cap ETF has a 1-year low of $145.94 and a 1-year high of $199.70. The firm has a market capitalization of $5.68 billion, a PE ratio of 26.93 and a beta of 1.02.

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.