Avantax Advisory Services Inc. Purchases 607 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Avantax Advisory Services Inc. raised its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 2.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 24,828 shares of the company’s stock after buying an additional 607 shares during the period. Avantax Advisory Services Inc.’s holdings in Vanguard Mega Cap ETF were worth $5,280,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of MGC. Raymond James Financial Inc. bought a new position in Vanguard Mega Cap ETF in the 4th quarter valued at $65,366,000. Captrust Financial Advisors boosted its position in Vanguard Mega Cap ETF by 98.4% in the 3rd quarter. Captrust Financial Advisors now owns 197,628 shares of the company’s stock valued at $40,838,000 after buying an additional 97,999 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in Vanguard Mega Cap ETF in the 3rd quarter valued at $16,907,000. Modera Wealth Management LLC boosted its position in Vanguard Mega Cap ETF by 5,628.7% in the 4th quarter. Modera Wealth Management LLC now owns 70,635 shares of the company’s stock valued at $15,021,000 after buying an additional 69,402 shares during the last quarter. Finally, Segment Wealth Management LLC bought a new position in Vanguard Mega Cap ETF in the 4th quarter valued at $9,684,000.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $203.45 on Friday. The firm has a market capitalization of $6.25 billion, a price-to-earnings ratio of 27.81 and a beta of 1.01. The business’s fifty day moving average price is $215.30 and its two-hundred day moving average price is $211.68. Vanguard Mega Cap ETF has a 52 week low of $176.66 and a 52 week high of $222.75.

Vanguard Mega Cap ETF Company 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.