Bleakley Financial Group LLC Makes New $209,000 Investment in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Bleakley Financial Group LLC purchased a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 982 shares of the company’s stock, valued at approximately $209,000.

A number of other hedge funds also recently made changes to their positions in the company. Decker Retirement Planning Inc. bought a new stake in shares of Vanguard Mega Cap ETF in the 4th quarter worth about $30,000. Ashton Thomas Securities LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter worth $33,000. Tsfg LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter worth about $42,000. Larson Financial Group LLC grew its position in Vanguard Mega Cap ETF by 12.6% during the 3rd quarter. Larson Financial Group LLC now owns 474 shares of the company’s stock worth $98,000 after purchasing an additional 53 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC purchased a new stake in Vanguard Mega Cap ETF in the fourth quarter valued at approximately $203,000.

Vanguard Mega Cap ETF Stock Down 0.3 %

Shares of MGC stock opened at $219.09 on Thursday. The business has a 50-day simple moving average of $216.85 and a 200-day simple moving average of $209.22. Vanguard Mega Cap ETF has a 52-week low of $176.49 and a 52-week high of $221.53. The stock has a market cap of $6.32 billion, a PE ratio of 26.93 and a beta of 1.02.

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.