TrinityPoint Wealth LLC Takes $204,000 Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

TrinityPoint Wealth LLC bought a new position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 988 shares of the company’s stock, valued at approximately $204,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. PFG Private Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap ETF during the second quarter worth approximately $31,000. Ashton Thomas Securities LLC acquired a new stake in Vanguard Mega Cap ETF during the 3rd quarter worth approximately $33,000. Hershey Financial Advisers LLC bought a new stake in Vanguard Mega Cap ETF in the 2nd quarter valued at $36,000. Future Financial Wealth Managment LLC acquired a new position in Vanguard Mega Cap ETF in the 3rd quarter valued at $41,000. Finally, International Assets Investment Management LLC bought a new position in Vanguard Mega Cap ETF during the 2nd quarter worth $71,000.

Vanguard Mega Cap ETF Stock Performance

MGC opened at $211.80 on Tuesday. The stock has a fifty day moving average of $207.34 and a 200-day moving average of $199.54. The company has a market capitalization of $6.11 billion, a P/E ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a fifty-two week low of $161.01 and a fifty-two week high of $216.39.

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.