Brookstone Capital Management Has $252,000 Stake in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Brookstone Capital Management decreased its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 29.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,347 shares of the company’s stock after selling 569 shares during the period. Brookstone Capital Management’s holdings in Vanguard Mega Cap ETF were worth $252,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MGC. Global Assets Advisory LLC acquired a new position in shares of Vanguard Mega Cap ETF during the first quarter valued at about $52,361,000. Apella Capital LLC raised its position in shares of Vanguard Mega Cap ETF by 63.6% during the fourth quarter. Apella Capital LLC now owns 251,240 shares of the company’s stock valued at $41,799,000 after buying an additional 97,627 shares during the last quarter. Modera Wealth Management LLC raised its position in shares of Vanguard Mega Cap ETF by 6,409.4% during the third quarter. Modera Wealth Management LLC now owns 83,776 shares of the company’s stock valued at $12,723,000 after buying an additional 82,489 shares during the last quarter. Truist Financial Corp raised its position in shares of Vanguard Mega Cap ETF by 33.0% during the fourth quarter. Truist Financial Corp now owns 328,112 shares of the company’s stock valued at $55,543,000 after buying an additional 81,489 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its position in shares of Vanguard Mega Cap ETF by 18.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 503,356 shares of the company’s stock valued at $85,208,000 after buying an additional 79,645 shares during the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $199.62 on Wednesday. The company has a 50-day simple moving average of $190.55 and a 200-day simple moving average of $182.48. The firm has a market capitalization of $5.76 billion, a P/E ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 52 week low of $145.94 and a 52 week high of $199.70.

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.