1,574 Shares in Vanguard Mega Cap ETF (NYSEARCA:MGC) Acquired by Stage Harbor Financial LLC

Stage Harbor Financial LLC bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,574 shares of the company’s stock, valued at approximately $335,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new position in shares of Vanguard Mega Cap ETF in the fourth quarter valued at approximately $65,366,000. Brooklyn FI LLC increased its position in shares of Vanguard Mega Cap ETF by 6,290.5% during the 4th quarter. Brooklyn FI LLC now owns 161,424 shares of the company’s stock valued at $34,313,000 after purchasing an additional 158,898 shares during the period. Captrust Financial Advisors raised its stake in shares of Vanguard Mega Cap ETF by 98.4% in the 3rd quarter. Captrust Financial Advisors now owns 197,628 shares of the company’s stock worth $40,838,000 after buying an additional 97,999 shares in the last quarter. VSM Wealth Advisory LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at $15,010,000. Finally, Modera Wealth Management LLC grew its holdings in Vanguard Mega Cap ETF by 5,628.7% during the fourth quarter. Modera Wealth Management LLC now owns 70,635 shares of the company’s stock worth $15,021,000 after acquiring an additional 69,402 shares during the period.

Vanguard Mega Cap ETF Trading Down 2.1 %

Shares of NYSEARCA MGC opened at $200.30 on Friday. Vanguard Mega Cap ETF has a twelve month low of $176.66 and a twelve month high of $222.75. The firm has a 50-day moving average of $213.31 and a two-hundred day moving average of $212.15. The company has a market capitalization of $6.17 billion, a price-to-earnings ratio of 26.29 and a beta of 1.01.

Vanguard Mega Cap ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be issued a dividend of $0.5985 per share. The ex-dividend date is 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.