Marshall Financial Group LLC Sells 380 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Marshall Financial Group LLC trimmed its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 13.8% in the first quarter, Holdings Channel reports. The firm owned 2,370 shares of the company’s stock after selling 380 shares during the quarter. Marshall Financial Group LLC’s holdings in Vanguard Mega Cap ETF were worth $477,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MGC. Raymond James Financial Inc. bought a new position in shares of Vanguard Mega Cap ETF in the fourth quarter valued at $65,366,000. Brooklyn FI LLC lifted its stake in Vanguard Mega Cap ETF by 6,290.5% in the fourth quarter. Brooklyn FI LLC now owns 161,424 shares of the company’s stock valued at $34,313,000 after acquiring an additional 158,898 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Vanguard Mega Cap ETF by 20.3% in the 4th quarter. Wells Fargo & Company MN now owns 554,056 shares of the company’s stock valued at $117,826,000 after acquiring an additional 93,556 shares during the period. VSM Wealth Advisory LLC acquired a new position in shares of Vanguard Mega Cap ETF during the 4th quarter worth about $15,010,000. Finally, Modera Wealth Management LLC increased its stake in shares of Vanguard Mega Cap ETF by 5,628.7% during the 4th quarter. Modera Wealth Management LLC now owns 70,635 shares of the company’s stock worth $15,021,000 after purchasing an additional 69,402 shares during the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA:MGC opened at $216.86 on Friday. Vanguard Mega Cap ETF has a 52-week low of $173.32 and a 52-week high of $222.75. The company has a market capitalization of $6.91 billion, a P/E ratio of 26.66 and a beta of 1.02. The company has a 50-day simple moving average of $205.23 and a 200 day simple moving average of $210.17.

Vanguard Mega Cap ETF 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.