MML Investors Services LLC Buys 1,484 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

MML Investors Services LLC lifted its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 6.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,718 shares of the company’s stock after acquiring an additional 1,484 shares during the period. MML Investors Services LLC’s holdings in Vanguard Mega Cap ETF were worth $5,469,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of MGC. Fulcrum Equity Management bought a new position in shares of Vanguard Mega Cap ETF during the third quarter worth $247,000. Destination Wealth Management lifted its holdings in Vanguard Mega Cap ETF by 3.7% during the third quarter. Destination Wealth Management now owns 43,706 shares of the company’s stock worth $9,031,000 after acquiring an additional 1,546 shares in the last quarter. Synovus Financial Corp grew its stake in Vanguard Mega Cap ETF by 97.4% in the third quarter. Synovus Financial Corp now owns 5,834 shares of the company’s stock valued at $1,206,000 after acquiring an additional 2,878 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Vanguard Mega Cap ETF by 0.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 40,139 shares of the company’s stock worth $8,294,000 after acquiring an additional 225 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC raised its position in shares of Vanguard Mega Cap ETF by 2.7% during the fourth quarter. Heartwood Wealth Advisors LLC now owns 10,401 shares of the company’s stock worth $2,212,000 after purchasing an additional 271 shares during the period.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $197.10 on Friday. The firm has a market capitalization of $6.06 billion, a PE ratio of 24.77 and a beta of 1.02. The stock has a 50 day simple moving average of $202.16 and a 200 day simple moving average of $210.24. Vanguard Mega Cap ETF has a 52-week low of $173.32 and a 52-week high of $222.75.

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.