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

Flagship Wealth Advisors LLC increased its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 11.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,402 shares of the company’s stock after purchasing an additional 2,688 shares during the period. Vanguard Mega Cap ETF makes up 1.9% of Flagship Wealth Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Flagship Wealth Advisors LLC owned 0.07% of Vanguard Mega Cap ETF worth $6,631,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Vise Technologies Inc. bought a new stake in Vanguard Mega Cap ETF during the fourth quarter valued at about $1,102,000. Goldman Sachs Group Inc. boosted its holdings in Vanguard Mega Cap ETF by 547.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 101,025 shares of the company’s stock valued at $25,374,000 after acquiring an additional 85,413 shares during the period. One Capital Management LLC boosted its holdings in Vanguard Mega Cap ETF by 3.9% during the fourth quarter. One Capital Management LLC now owns 175,968 shares of the company’s stock valued at $44,198,000 after acquiring an additional 6,645 shares during the period. Florida Financial Advisors LLC boosted its holdings in Vanguard Mega Cap ETF by 3.4% during the fourth quarter. Florida Financial Advisors LLC now owns 32,841 shares of the company’s stock valued at $8,227,000 after acquiring an additional 1,075 shares during the period. Finally, Fort Sheridan Advisors LLC boosted its holdings in Vanguard Mega Cap ETF by 4.2% during the fourth quarter. Fort Sheridan Advisors LLC now owns 8,527 shares of the company’s stock valued at $2,142,000 after acquiring an additional 343 shares during the period.

Vanguard Mega Cap ETF Price Performance

MGC stock opened at $278.50 on Friday. Vanguard Mega Cap ETF has a 52-week low of $214.50 and a 52-week high of $280.10. The company has a 50-day moving average of $260.35 and a two-hundred day moving average of $253.43. The stock has a market capitalization of $9.97 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01.

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.