Key Financial Inc Acquires New Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Key Financial Inc acquired a new stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 170 shares of the company’s stock, valued at approximately $29,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at approximately $30,000. Ameritas Investment Partners Inc. acquired a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at approximately $31,000. Householder Group Estate & Retirement Specialist LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the 3rd quarter valued at approximately $33,000. Fortis Capital Advisors LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the 4th quarter valued at approximately $40,000. Finally, Bank of Montreal Can acquired a new stake in shares of Vanguard Mega Cap ETF during the 1st quarter valued at approximately $49,000.

Vanguard Mega Cap ETF Trading Down 0.7 %

MGC stock opened at $179.41 on Thursday. The firm has a 50 day moving average of $183.15 and a 200-day moving average of $170.12. Vanguard Mega Cap ETF has a 12-month low of $141.58 and a 12-month high of $187.68. The company has a market cap of $5.17 billion, a price-to-earnings ratio of 27.80 and a beta of 1.01.

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.