Michael A. Dubis Financial Planning LLC Takes $1.66 Million Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Michael A. Dubis Financial Planning LLC purchased a new position in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,785 shares of the company’s stock, valued at approximately $1,656,000. Vanguard Mega Cap ETF accounts for about 1.6% of Michael A. Dubis Financial Planning LLC’s portfolio, making the stock its 11th biggest position.

Several other large investors have also added to or reduced their stakes in the stock. Larson Financial Group LLC boosted its position in Vanguard Mega Cap ETF by 12.6% during the 3rd quarter. Larson Financial Group LLC now owns 474 shares of the company’s stock valued at $98,000 after acquiring an additional 53 shares in the last quarter. FMR LLC grew its stake in Vanguard Mega Cap ETF by 3.5% in the third quarter. FMR LLC now owns 22,727 shares of the company’s stock worth $4,696,000 after purchasing an additional 764 shares during the period. Financial Counselors Inc. bought a new position in Vanguard Mega Cap ETF in the third quarter worth $413,000. Atlantic Union Bankshares Corp purchased a new position in Vanguard Mega Cap ETF during the third quarter valued at $16,907,000. Finally, Captrust Financial Advisors boosted its holdings in shares of Vanguard Mega Cap ETF by 98.4% during the 3rd quarter. Captrust Financial Advisors now owns 197,628 shares of the company’s stock valued at $40,838,000 after buying an additional 97,999 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

Shares of Vanguard Mega Cap ETF stock opened at $200.30 on Friday. Vanguard Mega Cap ETF has a 1 year low of $176.66 and a 1 year high of $222.75. The firm has a market cap of $6.17 billion, a price-to-earnings ratio of 26.29 and a beta of 1.01. The company has a 50-day moving average of $213.31 and a 200 day moving average of $212.05.

Vanguard Mega Cap ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid a $0.5985 dividend. The ex-dividend date of this dividend is Thursday, March 27th.

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.