Zhang Financial LLC Buys 3,325 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Zhang Financial LLC raised its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 12.9% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 29,043 shares of the company’s stock after purchasing an additional 3,325 shares during the quarter. Zhang Financial LLC owned approximately 0.10% of Vanguard Mega Cap ETF worth $5,849,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC bought a new position in Vanguard Mega Cap ETF in the 4th quarter valued at $505,000. SBI Securities Co. Ltd. bought a new position in Vanguard Mega Cap ETF in the 4th quarter valued at $31,000. Bleakley Financial Group LLC bought a new position in Vanguard Mega Cap ETF in the 4th quarter valued at $209,000. ProVise Management Group LLC raised its position in Vanguard Mega Cap ETF by 1.9% in the 4th quarter. ProVise Management Group LLC now owns 128,137 shares of the company’s stock valued at $27,250,000 after purchasing an additional 2,342 shares during the last quarter. Finally, Blair William & Co. IL raised its position in Vanguard Mega Cap ETF by 3.6% in the 4th quarter. Blair William & Co. IL now owns 2,330 shares of the company’s stock valued at $495,000 after purchasing an additional 82 shares during the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $218.45 on Thursday. The stock has a fifty day moving average price of $203.73 and a two-hundred day moving average price of $210.13. Vanguard Mega Cap ETF has a 52-week low of $173.32 and a 52-week high of $222.75. The company has a market cap of $6.96 billion, a price-to-earnings ratio of 26.66 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.