McClarren Financial Advisors Inc. Has $3.81 Million Stock Holdings in Vanguard Mega Cap ETF $MGC

McClarren Financial Advisors Inc. boosted its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 55.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,133 shares of the company’s stock after acquiring an additional 5,767 shares during the quarter. Vanguard Mega Cap ETF accounts for 2.3% of McClarren Financial Advisors Inc.’s holdings, making the stock its 14th largest holding. McClarren Financial Advisors Inc.’s holdings in Vanguard Mega Cap ETF were worth $3,813,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in MGC. Orion Porfolio Solutions LLC lifted its stake in Vanguard Mega Cap ETF by 577.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock valued at $235,127,000 after purchasing an additional 891,030 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Vanguard Mega Cap ETF by 67.0% during the third quarter. JPMorgan Chase & Co. now owns 455,404 shares of the company’s stock worth $111,160,000 after buying an additional 182,729 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Vanguard Mega Cap ETF by 31.8% during the second quarter. Raymond James Financial Inc. now owns 401,214 shares of the company’s stock worth $90,241,000 after buying an additional 96,754 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Vanguard Mega Cap ETF by 547.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 101,025 shares of the company’s stock worth $25,374,000 after buying an additional 85,413 shares in the last quarter. Finally, Win Advisors Inc. acquired a new position in shares of Vanguard Mega Cap ETF during the fourth quarter worth $21,008,000.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $274.85 on Friday. Vanguard Mega Cap ETF has a 52 week low of $215.45 and a 52 week high of $280.10. The stock has a market capitalization of $9.84 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. The stock has a fifty day moving average of $268.03 and a 200-day moving average of $255.37.

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.