Zhang Financial LLC Buys 1,083 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Zhang Financial LLC increased its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 4.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,718 shares of the company’s stock after purchasing an additional 1,083 shares during the quarter. Zhang Financial LLC owned about 0.09% of Vanguard Mega Cap ETF worth $5,469,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Decker Retirement Planning Inc. acquired a new position in Vanguard Mega Cap ETF during the 4th quarter worth $30,000. Ashton Thomas Securities LLC bought a new stake in shares of Vanguard Mega Cap ETF during the third quarter worth $33,000. Hershey Financial Advisers LLC acquired a new position in shares of Vanguard Mega Cap ETF during the second quarter valued at $36,000. Future Financial Wealth Managment LLC bought a new position in Vanguard Mega Cap ETF in the third quarter valued at about $41,000. Finally, Tsfg LLC bought a new position in Vanguard Mega Cap ETF in the fourth quarter valued at about $42,000.

Vanguard Mega Cap ETF Trading Up 1.2 %

Shares of NYSEARCA:MGC opened at $216.45 on Monday. Vanguard Mega Cap ETF has a 1-year low of $169.24 and a 1-year high of $220.49. The stock has a market capitalization of $6.24 billion, a P/E ratio of 26.93 and a beta of 1.02. The business has a 50-day moving average price of $215.40 and a two-hundred day moving average price of $206.96.

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.