RWA Wealth Partners LLC Has $533,000 Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

RWA Wealth Partners LLC increased its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 4.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,506 shares of the company’s stock after buying an additional 103 shares during the period. RWA Wealth Partners LLC’s holdings in Vanguard Mega Cap ETF were worth $533,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new position in Vanguard Mega Cap ETF during the fourth quarter worth $65,366,000. Brooklyn FI LLC raised its position in shares of Vanguard Mega Cap ETF by 6,290.5% in the 4th quarter. Brooklyn FI LLC now owns 161,424 shares of the company’s stock worth $34,313,000 after acquiring an additional 158,898 shares in the last quarter. VSM Wealth Advisory LLC acquired a new position in shares of Vanguard Mega Cap ETF in the 4th quarter valued at about $15,010,000. Modera Wealth Management LLC boosted its position in shares of Vanguard Mega Cap ETF by 5,628.7% during the 4th quarter. Modera Wealth Management LLC now owns 70,635 shares of the company’s stock valued at $15,021,000 after purchasing an additional 69,402 shares in the last quarter. Finally, LPL Financial LLC grew its stake in Vanguard Mega Cap ETF by 13.5% during the fourth quarter. LPL Financial LLC now owns 429,445 shares of the company’s stock worth $91,326,000 after purchasing an additional 51,072 shares during the period.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $202.28 on Wednesday. The firm has a market cap of $6.17 billion, a PE ratio of 25.62 and a beta of 1.02. Vanguard Mega Cap ETF has a 52-week low of $176.66 and a 52-week high of $222.75. The business’s 50 day moving average price is $213.01 and its two-hundred day moving average price is $212.24.

Vanguard Mega Cap ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Investors 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.

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.