Mather Group LLC. Buys 5,177 Shares of Vanguard Mega Cap ETF $MGC

Mather Group LLC. purchased a new stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 5,177 shares of the company’s stock, valued at approximately $1,461,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fortress Financial Solutions LLC purchased a new position in shares of Vanguard Mega Cap ETF in the third quarter valued at about $3,595,000. Baker Ellis Asset Management LLC bought a new position in shares of Vanguard Mega Cap ETF during the third quarter valued at about $10,059,000. Navigate Wealth Management LLC bought a new position in shares of Vanguard Mega Cap ETF during the third quarter valued at about $383,000. First Citizens Bank & Trust Co. bought a new position in shares of Vanguard Mega Cap ETF during the third quarter valued at about $539,000. Finally, Focus Financial Network Inc. boosted its holdings in shares of Vanguard Mega Cap ETF by 6.3% during the third quarter. Focus Financial Network Inc. now owns 1,184 shares of the company’s stock worth $334,000 after purchasing an additional 70 shares during the period.

Vanguard Mega Cap ETF Stock Down 1.3%

Shares of Vanguard Mega Cap ETF stock traded down $3.64 during trading on Friday, reaching $281.08. 73,873 shares of the stock were exchanged, compared to its average volume of 122,214. The stock’s fifty day moving average is $282.93 and its 200 day moving average is $272.91. The firm has a market cap of $10.23 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 1 year low of $228.37 and a 1 year high of $289.10.

Vanguard Mega Cap ETF Company 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.