McClarren Financial Advisors Inc. Reduces Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

McClarren Financial Advisors Inc. lowered its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 17,199 shares of the company’s stock after selling 297 shares during the period. Vanguard Mega Cap ETF comprises about 2.2% of McClarren Financial Advisors Inc.’s holdings, making the stock its 11th largest position. McClarren Financial Advisors Inc. owned 0.07% of Vanguard Mega Cap ETF worth $2,911,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Apella Capital LLC lifted its stake in Vanguard Mega Cap ETF by 63.6% in 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 Vanguard Mega Cap ETF by 6,409.4% in the 3rd quarter. Modera Wealth Management LLC now owns 83,776 shares of the company’s stock valued at $12,723,000 after purchasing an additional 82,489 shares during the last quarter. Systelligence LLC purchased a new stake in Vanguard Mega Cap ETF in the 4th quarter valued at $12,993,000. MA Private Wealth acquired a new stake in Vanguard Mega Cap ETF during the 4th quarter worth $11,328,000. Finally, International Assets Investment Management LLC grew its position in Vanguard Mega Cap ETF by 16,858.6% during the 4th quarter. International Assets Investment Management LLC now owns 61,051 shares of the company’s stock worth $10,335,000 after purchasing an additional 60,691 shares during the last quarter.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA MGC traded down $0.93 during trading on Thursday, reaching $179.94. The company’s stock had a trading volume of 64,469 shares, compared to its average volume of 83,184. The business’s fifty day moving average price is $183.16 and its 200-day moving average price is $171.09. Vanguard Mega Cap ETF has a twelve month low of $141.58 and a twelve month high of $187.68. The firm has a market cap of $5.19 billion, a price-to-earnings ratio of 27.80 and a beta of 1.01.

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.