BCU Wealth Advisors LLC Increases Stock Position in Vanguard Mega Cap ETF $MGC

BCU Wealth Advisors LLC grew its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 16.7% in the second quarter, Holdings Channel.com reports. The firm owned 2,793 shares of the company’s stock after buying an additional 400 shares during the period. BCU Wealth Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $628,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mesirow Financial Investment Management Inc. boosted its position in Vanguard Mega Cap ETF by 2.1% during the first quarter. Mesirow Financial Investment Management Inc. now owns 105,178 shares of the company’s stock worth $21,181,000 after purchasing an additional 2,159 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in Vanguard Mega Cap ETF by 105.7% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 79,888 shares of the company’s stock worth $16,088,000 after purchasing an additional 41,050 shares during the period. Dynamic Advisor Solutions LLC bought a new position in Vanguard Mega Cap ETF during the first quarter worth about $323,000. Wooster Corthell Wealth Management Inc. boosted its position in Vanguard Mega Cap ETF by 0.5% during the first quarter. Wooster Corthell Wealth Management Inc. now owns 474,250 shares of the company’s stock worth $95,505,000 after purchasing an additional 2,214 shares during the period. Finally, LPL Financial LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 2.5% in the first quarter. LPL Financial LLC now owns 440,223 shares of the company’s stock worth $88,652,000 after buying an additional 10,778 shares in the last quarter.

Vanguard Mega Cap ETF Trading Down 0.0%

Shares of Vanguard Mega Cap ETF stock opened at $243.03 on Tuesday. Vanguard Mega Cap ETF has a 12-month low of $173.32 and a 12-month high of $245.68. The company has a market cap of $7.86 billion, a price-to-earnings ratio of 26.06 and a beta of 1.00. The company’s 50-day moving average price is $235.67 and its 200-day moving average price is $218.60.

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.