Silver Oak Securities Incorporated Invests $192,000 in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Silver Oak Securities Incorporated bought a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the fourth quarter, Holdings Channel reports. The institutional investor bought 899 shares of the company’s stock, valued at approximately $192,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bleakley Financial Group LLC acquired a new position in Vanguard Mega Cap ETF during the 4th quarter worth about $209,000. Onyx Bridge Wealth Group LLC bought a new position in shares of Vanguard Mega Cap ETF in the fourth quarter worth about $203,000. Berkshire Money Management Inc. lifted its position in shares of Vanguard Mega Cap ETF by 0.7% during the fourth quarter. Berkshire Money Management Inc. now owns 49,391 shares of the company’s stock worth $10,503,000 after purchasing an additional 363 shares in the last quarter. Jackson Wealth Management LLC grew its stake in shares of Vanguard Mega Cap ETF by 0.4% during the fourth quarter. Jackson Wealth Management LLC now owns 18,873 shares of the company’s stock valued at $4,014,000 after purchasing an additional 77 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased its holdings in shares of Vanguard Mega Cap ETF by 36.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 8,449 shares of the company’s stock valued at $1,797,000 after purchasing an additional 2,257 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

MGC stock opened at $217.86 on Monday. The company has a 50 day moving average price of $216.76 and a 200 day moving average price of $208.81. Vanguard Mega Cap ETF has a fifty-two week low of $176.49 and a fifty-two week high of $221.53. The stock has a market capitalization of $6.28 billion, a PE ratio of 26.93 and a beta of 1.02.

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.