Investor s Fiduciary Advisor Network LLC Invests $356,000 in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Investor s Fiduciary Advisor Network LLC acquired a new position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 1,677 shares of the company’s stock, valued at approximately $356,000.

Several other hedge funds and other institutional investors have also made changes to their positions in MGC. Wealth Enhancement Advisory Services LLC boosted its position in shares of Vanguard Mega Cap ETF by 0.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 40,139 shares of the company’s stock worth $8,294,000 after buying an additional 225 shares during the period. Capital Investment Advisors LLC lifted its position in Vanguard Mega Cap ETF by 8.5% in the fourth quarter. Capital Investment Advisors LLC now owns 63,866 shares of the company’s stock worth $13,582,000 after purchasing an additional 4,977 shares during the period. Salem Investment Counselors Inc. lifted its position in Vanguard Mega Cap ETF by 3.1% in the fourth quarter. Salem Investment Counselors Inc. now owns 8,457 shares of the company’s stock worth $1,798,000 after purchasing an additional 252 shares during the period. Claro Advisors LLC lifted its position in Vanguard Mega Cap ETF by 5.2% in the fourth quarter. Claro Advisors LLC now owns 3,002 shares of the company’s stock worth $638,000 after purchasing an additional 149 shares during the period. Finally, Tsfg LLC acquired a new stake in Vanguard Mega Cap ETF in the fourth quarter worth approximately $42,000.

Vanguard Mega Cap ETF Price Performance

MGC opened at $203.58 on Monday. The company has a market capitalization of $6.26 billion, a price-to-earnings ratio of 24.77 and a beta of 1.02. Vanguard Mega Cap ETF has a 1-year low of $173.32 and a 1-year high of $222.75. The business has a 50 day moving average price of $198.52 and a two-hundred day moving average price of $209.67.

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.