Brooklyn FI LLC Has $34.31 Million Stake in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Brooklyn FI LLC boosted its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 6,290.5% during the fourth quarter, Holdings Channel reports. The fund owned 161,424 shares of the company’s stock after purchasing an additional 158,898 shares during the period. Brooklyn FI LLC’s holdings in Vanguard Mega Cap ETF were worth $34,313,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in MGC. Compass Ion Advisors LLC increased its holdings in shares of Vanguard Mega Cap ETF by 27.5% in the fourth quarter. Compass Ion Advisors LLC now owns 2,241 shares of the company’s stock valued at $476,000 after purchasing an additional 483 shares during the last quarter. ProVise Management Group LLC grew its stake in Vanguard Mega Cap ETF by 1.9% in the 4th quarter. ProVise Management Group LLC now owns 128,137 shares of the company’s stock valued at $27,250,000 after buying an additional 2,342 shares during the last quarter. Flagship Wealth Advisors LLC bought a new position in Vanguard Mega Cap ETF in the 4th quarter valued at about $3,173,000. Curio Wealth LLC acquired a new stake in Vanguard Mega Cap ETF during the fourth quarter worth approximately $214,000. Finally, Gray Wealth Management Inc. boosted its holdings in shares of Vanguard Mega Cap ETF by 1.1% during the fourth quarter. Gray Wealth Management Inc. now owns 40,789 shares of the company’s stock worth $8,674,000 after acquiring an additional 433 shares during the period.

Vanguard Mega Cap ETF Trading Down 1.1 %

Shares of NYSEARCA MGC opened at $202.29 on Wednesday. The firm has a market cap of $6.23 billion, a P/E ratio of 26.29 and a beta of 1.01. The business’s 50 day moving average is $214.61 and its 200-day moving average is $211.85. Vanguard Mega Cap ETF has a 1-year low of $176.66 and a 1-year high of $222.75.

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.