Vanguard Mega Cap ETF $MGC is Florida Financial Advisors LLC’s 6th Largest Position

Florida Financial Advisors LLC decreased its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 6.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 31,766 shares of the company’s stock after selling 2,114 shares during the period. Vanguard Mega Cap ETF makes up about 2.4% of Florida Financial Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Florida Financial Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $7,754,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MGC. Kilter Group LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the second quarter worth about $26,000. St. Johns Investment Management Company LLC purchased a new position in Vanguard Mega Cap ETF in the second quarter valued at about $34,000. Collier Financial acquired a new stake in Vanguard Mega Cap ETF during the 3rd quarter valued at approximately $37,000. Howe & Rusling Inc. purchased a new stake in Vanguard Mega Cap ETF during the 3rd quarter worth approximately $60,000. Finally, Bfsg LLC raised its position in shares of Vanguard Mega Cap ETF by 1,165.0% in the 3rd quarter. Bfsg LLC now owns 253 shares of the company’s stock valued at $62,000 after purchasing an additional 233 shares in the last quarter.

Vanguard Mega Cap ETF Trading Down 0.2%

Vanguard Mega Cap ETF stock opened at $247.66 on Friday. Vanguard Mega Cap ETF has a 52 week low of $173.32 and a 52 week high of $255.75. The stock has a market cap of $9.72 billion, a P/E ratio of 26.06 and a beta of 1.01. The stock has a 50 day moving average of $252.11 and a 200-day moving average of $245.59.

Vanguard Mega Cap ETF Company 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.