Vanguard Mega Cap ETF (NYSEARCA:MGC) Shares Acquired by Annapolis Financial Services LLC

Annapolis Financial Services LLC lifted its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 14.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,266 shares of the company’s stock after buying an additional 7,114 shares during the period. Vanguard Mega Cap ETF comprises approximately 3.4% of Annapolis Financial Services LLC’s portfolio, making the stock its 8th biggest position. Annapolis Financial Services LLC owned about 0.19% of Vanguard Mega Cap ETF worth $10,328,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of MGC. Nations Financial Group Inc. IA ADV raised its holdings in shares of Vanguard Mega Cap ETF by 0.7% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 9,541 shares of the company’s stock worth $1,615,000 after acquiring an additional 62 shares in the last quarter. Compass Ion Advisors LLC raised its holdings in shares of Vanguard Mega Cap ETF by 3.6% during the fourth quarter. Compass Ion Advisors LLC now owns 1,812 shares of the company’s stock worth $307,000 after acquiring an additional 63 shares in the last quarter. Fisher Asset Management LLC raised its holdings in shares of Vanguard Mega Cap ETF by 4.2% during the fourth quarter. Fisher Asset Management LLC now owns 1,595 shares of the company’s stock worth $270,000 after acquiring an additional 65 shares in the last quarter. LongView Wealth Management raised its holdings in shares of Vanguard Mega Cap ETF by 1.2% during the first quarter. LongView Wealth Management now owns 6,506 shares of the company’s stock worth $1,216,000 after acquiring an additional 78 shares in the last quarter. Finally, Institute for Wealth Management LLC. raised its holdings in shares of Vanguard Mega Cap ETF by 4.3% during the fourth quarter. Institute for Wealth Management LLC. now owns 2,043 shares of the company’s stock worth $346,000 after acquiring an additional 84 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA:MGC traded down $0.95 during midday trading on Friday, hitting $197.29. 77,681 shares of the stock were exchanged, compared to its average volume of 80,657. Vanguard Mega Cap ETF has a 52-week low of $145.94 and a 52-week high of $199.70. The business’s fifty day simple moving average is $189.78 and its two-hundred day simple moving average is $181.94. The company has a market capitalization of $5.69 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.