Golden State Wealth Management LLC Makes New $29,000 Investment in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Golden State Wealth Management LLC bought a new position in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 135 shares of the company’s stock, valued at approximately $29,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of MGC. Creative Planning lifted its stake in shares of Vanguard Mega Cap ETF by 0.6% in the 3rd quarter. Creative Planning now owns 63,033 shares of the company’s stock worth $13,025,000 after acquiring an additional 387 shares during the period. NBC Securities Inc. lifted its stake in shares of Vanguard Mega Cap ETF by 16.3% in the 3rd quarter. NBC Securities Inc. now owns 4,685 shares of the company’s stock worth $968,000 after acquiring an additional 655 shares during the period. Annapolis Financial Services LLC lifted its stake in shares of Vanguard Mega Cap ETF by 13.5% in the 3rd quarter. Annapolis Financial Services LLC now owns 68,432 shares of the company’s stock worth $14,141,000 after acquiring an additional 8,120 shares during the period. Summit Investment Advisory Services LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter worth approximately $451,000. Finally, Berkshire Money Management Inc. lifted its stake in shares of Vanguard Mega Cap ETF by 15.1% in the 3rd quarter. Berkshire Money Management Inc. now owns 49,028 shares of the company’s stock worth $10,131,000 after acquiring an additional 6,425 shares during the period.

Vanguard Mega Cap ETF Trading Up 0.1 %

Shares of NYSEARCA:MGC opened at $219.69 on Wednesday. The company has a 50 day moving average of $216.85 and a 200-day moving average of $209.15. The firm has a market cap of $6.33 billion, a P/E ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a twelve month low of $176.49 and a twelve month high of $221.53.

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.