West Wealth Group LLC Boosts Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

West Wealth Group LLC boosted its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 9.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,579 shares of the company’s stock after purchasing an additional 1,109 shares during the period. Vanguard Mega Cap ETF comprises approximately 0.8% of West Wealth Group LLC’s holdings, making the stock its 21st largest position. West Wealth Group LLC’s holdings in Vanguard Mega Cap ETF were worth $2,675,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in MGC. Marshall Wace LLP acquired a new position in shares of Vanguard Mega Cap ETF during the 2nd quarter worth $350,000. Elevation Capital Advisory LLC purchased a new stake in Vanguard Mega Cap ETF during the second quarter worth about $3,593,000. Northwestern Mutual Wealth Management Co. grew its position in Vanguard Mega Cap ETF by 35.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 17,459 shares of the company’s stock worth $3,444,000 after buying an additional 4,563 shares during the period. Hershey Financial Advisers LLC purchased a new position in Vanguard Mega Cap ETF in the second quarter valued at about $36,000. Finally, 3Chopt Investment Partners LLC purchased a new position in Vanguard Mega Cap ETF in the second quarter valued at about $1,331,000.

Vanguard Mega Cap ETF Price Performance

Shares of NYSEARCA:MGC opened at $220.50 on Monday. Vanguard Mega Cap ETF has a 12 month low of $173.01 and a 12 month high of $221.53. The firm has a market capitalization of $6.36 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. The business’s 50 day simple moving average is $215.90 and its 200-day simple moving average is $207.56.

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.