Financial Partners Group Inc Increases Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Financial Partners Group Inc grew its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 35.8% during the fourth quarter, HoldingsChannel reports. The firm owned 3,477 shares of the company’s stock after purchasing an additional 916 shares during the quarter. Financial Partners Group Inc’s holdings in Vanguard Mega Cap ETF were worth $739,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. Marshall Wace LLP acquired a new position in Vanguard Mega Cap ETF in the 2nd quarter valued at $350,000. Sanctuary Advisors LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the second quarter valued at about $3,907,000. Diversified Trust Co boosted its holdings in shares of Vanguard Mega Cap ETF by 3.3% in the third quarter. Diversified Trust Co now owns 33,867 shares of the company’s stock valued at $6,998,000 after acquiring an additional 1,070 shares in the last quarter. Heartwood Wealth Advisors LLC increased its stake in shares of Vanguard Mega Cap ETF by 5.0% during the third quarter. Heartwood Wealth Advisors LLC now owns 10,130 shares of the company’s stock worth $2,093,000 after acquiring an additional 480 shares during the period. Finally, Future Financial Wealth Managment LLC purchased a new position in Vanguard Mega Cap ETF during the third quarter worth about $41,000.

Vanguard Mega Cap ETF Trading Down 0.4 %

NYSEARCA MGC opened at $218.37 on Monday. The business’s 50 day moving average is $216.45 and its two-hundred day moving average is $208.11. The stock has a market capitalization of $6.30 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 12-month low of $173.01 and a 12-month high of $221.53.

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.