BCGM Wealth Management LLC Has $4.34 Million Stake in Vanguard Mega Cap ETF $MGC

BCGM Wealth Management LLC boosted its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 46.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,298 shares of the company’s stock after purchasing an additional 6,139 shares during the quarter. Vanguard Mega Cap ETF accounts for about 1.2% of BCGM Wealth Management LLC’s portfolio, making the stock its 25th largest holding. BCGM Wealth Management LLC owned approximately 0.06% of Vanguard Mega Cap ETF worth $4,340,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of Montreal Can increased its holdings in Vanguard Mega Cap ETF by 110.8% in the 2nd quarter. Bank of Montreal Can now owns 333 shares of the company’s stock valued at $75,000 after buying an additional 175 shares during the period. Mission Wealth Management LP bought a new position in Vanguard Mega Cap ETF in the 2nd quarter valued at about $781,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its holdings in Vanguard Mega Cap ETF by 14.5% in the 2nd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 3,133 shares of the company’s stock valued at $705,000 after buying an additional 396 shares during the period. AlphaStar Capital Management LLC bought a new position in Vanguard Mega Cap ETF in the 2nd quarter valued at about $968,000. Finally, Linscomb Wealth Inc. bought a new position in Vanguard Mega Cap ETF in the 2nd quarter valued at about $472,000.

Vanguard Mega Cap ETF Stock Up 0.3%

MGC stock opened at $251.57 on Monday. Vanguard Mega Cap ETF has a 12 month low of $173.32 and a 12 month high of $254.46. The firm has a market cap of $8.81 billion, a P/E ratio of 26.06 and a beta of 1.01. The company’s 50-day moving average price is $242.68 and its two-hundred day moving average price is $227.10.

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.