Private Advisor Group LLC Has $4.76 Million Stake in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Private Advisor Group LLC lowered its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 2.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,398 shares of the company’s stock after selling 550 shares during the period. Private Advisor Group LLC owned approximately 0.08% of Vanguard Mega Cap ETF worth $4,763,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Golden State Wealth Management LLC acquired a new stake in Vanguard Mega Cap ETF in the 4th quarter valued at approximately $29,000. Decker Retirement Planning Inc. bought a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at approximately $30,000. Ashton Thomas Securities LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the third quarter worth $33,000. Key Financial Inc bought a new position in Vanguard Mega Cap ETF during the fourth quarter worth $40,000. Finally, Tsfg LLC acquired a new position in Vanguard Mega Cap ETF during the 4th quarter valued at $42,000.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $217.85 on Friday. The company has a 50-day simple moving average of $217.19 and a 200-day simple moving average of $210.62. Vanguard Mega Cap ETF has a 52 week low of $176.66 and a 52 week high of $222.75. The firm has a market capitalization of $6.28 billion, a P/E ratio of 26.93 and a beta of 1.02.

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.