Sheets Smith Wealth Management Acquires New Stake in Vanguard Mega Cap ETF (MGC)

Sheets Smith Wealth Management acquired a new position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,300 shares of the company’s stock, valued at approximately $211,000.

Separately, Oak Point Wealth Management bought a new stake in Vanguard Mega Cap ETF during the fourth quarter worth about $470,000.

Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) opened at $95.65 on Friday. Vanguard Mega Cap ETF has a 52-week low of $76.97 and a 52-week high of $95.72.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Wednesday, December 27th were given a dividend of $0.4612 per share. The ex-dividend date was Tuesday, December 26th. This represents a $1.84 annualized dividend and a yield of 1.93%.

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