Berkshire Money Management Inc. Acquires 363 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Berkshire Money Management Inc. increased its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 0.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 49,391 shares of the company’s stock after acquiring an additional 363 shares during the period. Vanguard Mega Cap ETF comprises about 1.1% of Berkshire Money Management Inc.’s investment portfolio, making the stock its 16th biggest position. Berkshire Money Management Inc.’s holdings in Vanguard Mega Cap ETF were worth $10,503,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Foundations Investment Advisors LLC grew its stake in shares of Vanguard Mega Cap ETF by 65.6% in the 3rd quarter. Foundations Investment Advisors LLC now owns 2,241 shares of the company’s stock valued at $463,000 after purchasing an additional 888 shares during the period. Stifel Financial Corp boosted its stake in Vanguard Mega Cap ETF by 2.9% in the 3rd quarter. Stifel Financial Corp now owns 7,668 shares of the company’s stock valued at $1,585,000 after buying an additional 217 shares in the last quarter. FMR LLC grew its position in Vanguard Mega Cap ETF by 3.5% in the third quarter. FMR LLC now owns 22,727 shares of the company’s stock valued at $4,696,000 after acquiring an additional 764 shares during the period. Verus Financial Partners Inc. raised its stake in Vanguard Mega Cap ETF by 0.4% during the third quarter. Verus Financial Partners Inc. now owns 223,343 shares of the company’s stock worth $45,691,000 after acquiring an additional 822 shares in the last quarter. Finally, Creative Planning lifted its holdings in shares of Vanguard Mega Cap ETF by 0.6% during the third quarter. Creative Planning now owns 63,033 shares of the company’s stock valued at $13,025,000 after acquiring an additional 387 shares during the period.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA:MGC opened at $218.47 on Wednesday. The company’s fifty day moving average is $216.55 and its 200-day moving average is $208.37. Vanguard Mega Cap ETF has a 52 week low of $176.21 and a 52 week high of $221.53. The company has a market capitalization of $6.30 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.