Beaumont Financial Advisors LLC Boosts Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Beaumont Financial Advisors LLC raised its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 2.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,351 shares of the company’s stock after purchasing an additional 108 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $925,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Larson Financial Group LLC boosted its position in Vanguard Mega Cap ETF by 12.6% during the third quarter. Larson Financial Group LLC now owns 474 shares of the company’s stock worth $98,000 after purchasing an additional 53 shares in the last quarter. Diversify Advisory Services LLC raised its stake in shares of Vanguard Mega Cap ETF by 3.2% during the 3rd quarter. Diversify Advisory Services LLC now owns 1,880 shares of the company’s stock worth $396,000 after buying an additional 58 shares during the last quarter. Zega Financial LLC boosted its position in shares of Vanguard Mega Cap ETF by 5.6% in the 3rd quarter. Zega Financial LLC now owns 1,290 shares of the company’s stock worth $267,000 after buying an additional 68 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its stake in Vanguard Mega Cap ETF by 0.8% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 9,382 shares of the company’s stock valued at $1,939,000 after acquiring an additional 76 shares during the last quarter. Finally, PDS Planning Inc increased its holdings in Vanguard Mega Cap ETF by 5.5% during the 3rd quarter. PDS Planning Inc now owns 1,504 shares of the company’s stock valued at $311,000 after acquiring an additional 78 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

Shares of NYSEARCA MGC opened at $219.91 on Thursday. The firm’s 50-day moving average is $215.57 and its two-hundred day moving average is $207.28. The company has a market capitalization of $6.34 billion, a PE ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 12-month low of $173.00 and a 12-month high of $220.49.

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.