McClarren Financial Advisors Inc. Lowers Stock Holdings in Vanguard Mega Cap ETF $MGC

McClarren Financial Advisors Inc. lowered its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 42.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,560 shares of the company’s stock after selling 7,177 shares during the period. Vanguard Mega Cap ETF accounts for about 1.5% of McClarren Financial Advisors Inc.’s holdings, making the stock its 17th biggest position. McClarren Financial Advisors Inc.’s holdings in Vanguard Mega Cap ETF were worth $2,334,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of MGC. Kilter Group LLC bought a new stake in Vanguard Mega Cap ETF during the second quarter valued at $26,000. Harbor Investment Advisory LLC purchased a new stake in Vanguard Mega Cap ETF in the second quarter valued at approximately $27,000. St. Johns Investment Management Company LLC purchased a new position in Vanguard Mega Cap ETF in the 2nd quarter worth approximately $34,000. Bank of Montreal Can raised its position in shares of Vanguard Mega Cap ETF by 110.8% during the 2nd quarter. Bank of Montreal Can now owns 333 shares of the company’s stock valued at $75,000 after buying an additional 175 shares in the last quarter. Finally, Golden State Wealth Management LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 285.6% during the 2nd quarter. Golden State Wealth Management LLC now owns 617 shares of the company’s stock worth $139,000 after acquiring an additional 457 shares during the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA:MGC opened at $253.25 on Wednesday. The firm has a market capitalization of $8.87 billion, a PE ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 52-week low of $173.32 and a 52-week high of $254.46. The firm has a fifty day moving average of $248.98 and a 200 day moving average of $238.29.

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.