McClarren Financial Advisors Inc. Sells 7,177 Shares of Vanguard Mega Cap ETF $MGC

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

Other institutional investors and hedge funds also recently made changes to their positions in the company. Praetorian Wealth Management Inc. lifted its stake in Vanguard Mega Cap ETF by 5.0% in the third quarter. Praetorian Wealth Management Inc. now owns 92,581 shares of the company’s stock worth $22,598,000 after purchasing an additional 4,374 shares during the last quarter. Focus Financial Network Inc. lifted its stake in shares of Vanguard Mega Cap ETF by 20.1% in the 3rd quarter. Focus Financial Network Inc. now owns 1,244 shares of the company’s stock valued at $304,000 after acquiring an additional 208 shares during the last quarter. Legacy Private Trust Co. purchased a new stake in Vanguard Mega Cap ETF during the 3rd quarter valued at about $204,000. Beacon Financial Group grew its position in Vanguard Mega Cap ETF by 102.1% during the 3rd quarter. Beacon Financial Group now owns 56,875 shares of the company’s stock worth $13,883,000 after acquiring an additional 28,738 shares during the last quarter. Finally, Steph & Co. increased its stake in Vanguard Mega Cap ETF by 3.8% in the 3rd quarter. Steph & Co. now owns 36,562 shares of the company’s stock worth $8,924,000 after purchasing an additional 1,336 shares during the period.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA:MGC opened at $253.25 on Wednesday. Vanguard Mega Cap ETF has a fifty-two week low of $173.32 and a fifty-two week high of $254.46. The firm has a market cap of $8.87 billion, a PE ratio of 26.06 and a beta of 1.01. The business has a 50 day moving average price of $248.98 and a 200-day moving average price of $238.29.

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.