Flagship Wealth Advisors LLC Purchases 2,688 Shares of Vanguard Mega Cap ETF $MGC

Flagship Wealth Advisors LLC raised its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 11.3% in the fourth quarter, Holdings Channel reports. The fund owned 26,402 shares of the company’s stock after buying an additional 2,688 shares during the quarter. Vanguard Mega Cap ETF comprises approximately 1.9% of Flagship Wealth Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Flagship Wealth Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $6,631,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in MGC. Jane Street Group LLC raised its position in shares of Vanguard Mega Cap ETF by 312.6% during the first quarter. Jane Street Group LLC now owns 9,799 shares of the company’s stock valued at $1,973,000 after buying an additional 7,424 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of Vanguard Mega Cap ETF during the second quarter valued at about $905,000. Raymond James Financial Inc. raised its position in shares of Vanguard Mega Cap ETF by 31.8% during the second quarter. Raymond James Financial Inc. now owns 401,214 shares of the company’s stock valued at $90,241,000 after buying an additional 96,754 shares during the last quarter. Garden State Investment Advisory Services LLC raised its position in shares of Vanguard Mega Cap ETF by 12.4% during the second quarter. Garden State Investment Advisory Services LLC now owns 1,364 shares of the company’s stock valued at $307,000 after buying an additional 150 shares during the last quarter. Finally, IHT Wealth Management LLC raised its position in shares of Vanguard Mega Cap ETF by 1.8% during the second quarter. IHT Wealth Management LLC now owns 5,744 shares of the company’s stock valued at $1,292,000 after buying an additional 100 shares during the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $278.50 on Friday. The company has a 50-day simple moving average of $260.35 and a 200-day simple moving average of $253.43. The firm has a market capitalization of $9.97 billion, a P/E ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 52 week low of $214.50 and a 52 week high of $280.10.

About Vanguard Mega Cap ETF

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.