Golden State Wealth Management LLC Has $139,000 Position in Vanguard Mega Cap ETF $MGC

Golden State Wealth Management LLC lifted its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 285.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 617 shares of the company’s stock after purchasing an additional 457 shares during the quarter. Golden State Wealth Management LLC’s holdings in Vanguard Mega Cap ETF were worth $139,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Harbor Investment Advisory LLC bought a new position in shares of Vanguard Mega Cap ETF during the 2nd quarter worth approximately $27,000. St. Johns Investment Management Company LLC acquired a new position in shares of Vanguard Mega Cap ETF in the second quarter valued at $34,000. NorthRock Partners LLC bought a new position in Vanguard Mega Cap ETF in the 1st quarter valued at about $56,000. Bank of Montreal Can lifted its position in Vanguard Mega Cap ETF by 110.8% during the second quarter. Bank of Montreal Can now owns 333 shares of the company’s stock worth $75,000 after acquiring an additional 175 shares during the last quarter. Finally, Dagco Inc. bought a new stake in shares of Vanguard Mega Cap ETF during the first quarter worth approximately $79,000.

Vanguard Mega Cap ETF Price Performance

Shares of NYSEARCA MGC opened at $246.82 on Friday. The firm has a market cap of $8.65 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. The stock’s fifty day moving average price is $244.04 and its two-hundred day moving average price is $228.67. Vanguard Mega Cap ETF has a one year low of $173.32 and a one year high of $254.46.

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.