JFS Wealth Advisors LLC Acquires 173 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

JFS Wealth Advisors LLC boosted its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 3.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 4,652 shares of the company’s stock after purchasing an additional 173 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $989,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in MGC. Golden State Wealth Management LLC bought a new position in shares of Vanguard Mega Cap ETF in the fourth quarter valued at approximately $29,000. Decker Retirement Planning Inc. bought a new stake in Vanguard Mega Cap ETF during the fourth quarter worth $30,000. Ashton Thomas Securities LLC purchased a new stake in Vanguard Mega Cap ETF in the 3rd quarter valued at $33,000. Tsfg LLC bought a new position in Vanguard Mega Cap ETF during the 4th quarter valued at $42,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in Vanguard Mega Cap ETF during the 4th quarter worth $45,000.

Vanguard Mega Cap ETF Price Performance

NYSEARCA MGC opened at $221.78 on Monday. The company has a fifty day moving average price of $216.95 and a 200-day moving average price of $209.67. Vanguard Mega Cap ETF has a 1 year low of $176.66 and a 1 year high of $222.01. The firm has a market cap of $6.39 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02.

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.