Financial Partners Group Inc Boosts Stock Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Financial Partners Group Inc grew its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 35.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,477 shares of the company’s stock after buying an additional 916 shares during the period. Financial Partners Group Inc’s holdings in Vanguard Mega Cap ETF were worth $739,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. MA Private Wealth boosted its holdings in Vanguard Mega Cap ETF by 3.3% in the fourth quarter. MA Private Wealth now owns 73,079 shares of the company’s stock valued at $15,541,000 after purchasing an additional 2,324 shares in the last quarter. Fiduciary Advisors Inc. purchased a new stake in shares of Vanguard Mega Cap ETF during the 4th quarter worth approximately $4,968,000. Calton & Associates Inc. boosted its holdings in shares of Vanguard Mega Cap ETF by 61.4% in the 4th quarter. Calton & Associates Inc. now owns 27,343 shares of the company’s stock valued at $5,815,000 after buying an additional 10,407 shares in the last quarter. SOL Capital Management CO grew its position in shares of Vanguard Mega Cap ETF by 15.5% in the 4th quarter. SOL Capital Management CO now owns 3,721 shares of the company’s stock valued at $791,000 after buying an additional 500 shares during the last quarter. Finally, USAdvisors Wealth Management LLC raised its stake in Vanguard Mega Cap ETF by 2.5% during the 4th quarter. USAdvisors Wealth Management LLC now owns 20,786 shares of the company’s stock worth $4,420,000 after acquiring an additional 509 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

MGC opened at $218.37 on Monday. Vanguard Mega Cap ETF has a one year low of $173.01 and a one year high of $221.53. The stock has a market capitalization of $6.30 billion, a P/E ratio of 26.93 and a beta of 1.02. The business’s 50-day simple moving average is $216.45 and its 200-day simple moving average is $208.11.

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.