Beaumont Financial Advisors LLC Has $704,000 Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Beaumont Financial Advisors LLC boosted its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 18.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,158 shares of the company’s stock after purchasing an additional 659 shares during the period. Beaumont Financial Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $704,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Key Financial Inc bought a new position in shares of Vanguard Mega Cap ETF in the fourth quarter valued at about $29,000. Cornerstone Planning Group LLC acquired a new position in shares of Vanguard Mega Cap ETF during the second quarter worth approximately $30,000. Ameritas Investment Partners Inc. bought a new stake in shares of Vanguard Mega Cap ETF during the second quarter valued at approximately $31,000. Fortis Capital Advisors LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at approximately $40,000. Finally, Sunbelt Securities Inc. bought a new position in Vanguard Mega Cap ETF in the 1st quarter worth approximately $48,000.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $177.06 on Friday. The firm has a market capitalization of $5.10 billion, a price-to-earnings ratio of 27.80 and a beta of 1.01. Vanguard Mega Cap ETF has a 52 week low of $141.58 and a 52 week high of $187.68. The business’s fifty day moving average price is $183.09 and its two-hundred day moving average price is $170.35.

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.