National Wealth Management Group LLC Invests $253,000 in Vanguard Mega Cap ETF (NYSEARCA:MGC)

National Wealth Management Group LLC acquired a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 1,188 shares of the company’s stock, valued at approximately $253,000.

A number of other large investors have also bought and sold shares of the business. Stifel Financial Corp boosted its holdings in shares of Vanguard Mega Cap ETF by 2.9% in the third quarter. Stifel Financial Corp now owns 7,668 shares of the company’s stock valued at $1,585,000 after buying an additional 217 shares during the period. FMR LLC boosted its stake in Vanguard Mega Cap ETF by 3.5% in the 3rd quarter. FMR LLC now owns 22,727 shares of the company’s stock worth $4,696,000 after purchasing an additional 764 shares during the period. SBI Securities Co. Ltd. bought a new position in Vanguard Mega Cap ETF during the 4th quarter worth about $31,000. Bleakley Financial Group LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the 4th quarter valued at about $209,000. Finally, ProVise Management Group LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 1.9% in the fourth 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 in the last quarter.

Vanguard Mega Cap ETF Price Performance

MGC stock opened at $201.38 on Tuesday. The business has a 50-day moving average of $213.01 and a 200-day moving average of $212.24. Vanguard Mega Cap ETF has a fifty-two week low of $176.66 and a fifty-two week high of $222.75. The stock has a market capitalization of $6.20 billion, a P/E ratio of 26.29 and a beta of 1.01.

Vanguard Mega Cap ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a dividend of $0.5985 per share. The ex-dividend date of this dividend was Thursday, March 27th.

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.