Bleakley Financial Group LLC Takes Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Bleakley Financial Group LLC bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 982 shares of the company’s stock, valued at approximately $209,000.

Several other institutional investors and hedge funds have also bought and sold shares of MGC. Leavell Investment Management Inc. boosted its holdings in shares of Vanguard Mega Cap ETF by 5.7% in the third quarter. Leavell Investment Management Inc. now owns 455,028 shares of the company’s stock worth $94,027,000 after acquiring an additional 24,393 shares during the period. Verus Financial Partners Inc. boosted its holdings in Vanguard Mega Cap ETF by 0.4% during the 3rd quarter. Verus Financial Partners Inc. now owns 223,343 shares of the company’s stock valued at $45,691,000 after acquiring an additional 822 shares during the period. Captrust Financial Advisors grew its stake in shares of Vanguard Mega Cap ETF by 98.4% in the third quarter. Captrust Financial Advisors now owns 197,628 shares of the company’s stock worth $40,838,000 after purchasing an additional 97,999 shares during the last quarter. Mesirow Financial Investment Management Inc. raised its stake in Vanguard Mega Cap ETF by 101.0% in the third quarter. Mesirow Financial Investment Management Inc. now owns 196,948 shares of the company’s stock worth $40,698,000 after buying an additional 98,974 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in Vanguard Mega Cap ETF by 4.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 193,374 shares of the company’s stock valued at $39,959,000 after acquiring an additional 8,613 shares during the period.

Vanguard Mega Cap ETF Stock Down 0.3 %

NYSEARCA:MGC opened at $219.09 on Thursday. The stock has a market cap of $6.32 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. The company’s 50 day moving average price is $216.85 and its 200-day moving average price is $209.22. Vanguard Mega Cap ETF has a 52 week low of $176.49 and a 52 week high of $221.53.

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.