Private Advisor Group LLC Has $4.05 Million Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Private Advisor Group LLC lessened its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.5% in the 4th quarter, Holdings Channel reports. The firm owned 23,944 shares of the company’s stock after selling 353 shares during the period. Private Advisor Group LLC’s holdings in Vanguard Mega Cap ETF were worth $4,053,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of MGC. Apella Capital LLC increased its holdings in shares of Vanguard Mega Cap ETF by 63.6% in the fourth quarter. Apella Capital LLC now owns 251,240 shares of the company’s stock worth $41,799,000 after acquiring an additional 97,627 shares in the last quarter. Modera Wealth Management LLC boosted its holdings in shares of Vanguard Mega Cap ETF by 6,409.4% in the third quarter. Modera Wealth Management LLC now owns 83,776 shares of the company’s stock valued at $12,723,000 after buying an additional 82,489 shares during the period. Truist Financial Corp increased its position in shares of Vanguard Mega Cap ETF by 33.0% during the fourth quarter. Truist Financial Corp now owns 328,112 shares of the company’s stock worth $55,543,000 after acquiring an additional 81,489 shares in the last quarter. Systelligence LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter worth $12,993,000. Finally, MA Private Wealth bought a new stake in Vanguard Mega Cap ETF in the 4th quarter valued at $11,328,000.

Vanguard Mega Cap ETF Trading Up 0.5 %

Shares of NYSEARCA MGC opened at $186.26 on Friday. The firm has a market cap of $5.37 billion, a PE ratio of 26.93 and a beta of 1.02. The company has a fifty day moving average price of $183.59 and a 200 day moving average price of $173.17. Vanguard Mega Cap ETF has a 1-year low of $143.98 and a 1-year high of $187.68.

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.