BCGM Wealth Management LLC Has $4.34 Million Stake in Vanguard Mega Cap ETF $MGC

BCGM Wealth Management LLC raised its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 46.7% during the second quarter, according to its most recent filing with the SEC. The firm owned 19,298 shares of the company’s stock after purchasing an additional 6,139 shares during the period. Vanguard Mega Cap ETF accounts for approximately 1.2% of BCGM Wealth Management LLC’s portfolio, making the stock its 25th largest position. BCGM Wealth Management LLC’s holdings in Vanguard Mega Cap ETF were worth $4,340,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Harbor Investment Advisory LLC acquired a new position in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at $27,000. St. Johns Investment Management Company LLC acquired a new position in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at $34,000. POM Investment Strategies LLC acquired a new position in shares of Vanguard Mega Cap ETF during the 1st quarter valued at $52,000. NorthRock Partners LLC acquired a new position in shares of Vanguard Mega Cap ETF during the 1st quarter valued at $56,000. Finally, Bank of Montreal Can lifted its position in shares of Vanguard Mega Cap ETF by 110.8% during the 2nd quarter. Bank of Montreal Can now owns 333 shares of the company’s stock valued at $75,000 after acquiring an additional 175 shares during the period.

Vanguard Mega Cap ETF Stock Up 0.3%

Vanguard Mega Cap ETF stock opened at $251.57 on Monday. The company has a market capitalization of $8.81 billion, a PE ratio of 26.06 and a beta of 1.01. The firm’s fifty day moving average is $242.68 and its 200 day moving average is $227.10. Vanguard Mega Cap ETF has a 12-month low of $173.32 and a 12-month high of $254.46.

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.