James J. Burns & Company LLC Lowers Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

James J. Burns & Company LLC lessened its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 19.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 18,721 shares of the company’s stock after selling 4,633 shares during the period. James J. Burns & Company LLC owned approximately 0.06% of Vanguard Mega Cap ETF worth $3,868,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. PDS Planning Inc boosted its stake in shares of Vanguard Mega Cap ETF by 5.5% in the third quarter. PDS Planning Inc now owns 1,504 shares of the company’s stock valued at $311,000 after buying an additional 78 shares in the last quarter. Brooklyn FI LLC grew its position in Vanguard Mega Cap ETF by 60.2% during the third quarter. Brooklyn FI LLC now owns 2,526 shares of the company’s stock worth $522,000 after buying an additional 949 shares during the period. Financial Freedom LLC increased its stake in Vanguard Mega Cap ETF by 5.6% in the 3rd quarter. Financial Freedom LLC now owns 9,307 shares of the company’s stock valued at $1,923,000 after purchasing an additional 496 shares in the last quarter. Sensible Financial Planning & Management LLC. boosted its position in Vanguard Mega Cap ETF by 4.7% during the third quarter. Sensible Financial Planning & Management LLC. now owns 44,671 shares of the company’s stock worth $9,231,000 after purchasing an additional 2,004 shares in the last quarter. Finally, US Bancorp DE increased its position in shares of Vanguard Mega Cap ETF by 269.0% in the third quarter. US Bancorp DE now owns 10,700 shares of the company’s stock valued at $2,211,000 after buying an additional 7,800 shares in the last quarter.

Vanguard Mega Cap ETF Trading Down 0.3 %

Shares of MGC opened at $205.21 on Tuesday. The company has a 50-day moving average of $204.89 and a two-hundred day moving average of $197.41. The stock has a market cap of $5.92 billion, a P/E ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 12-month low of $154.88 and a 12-month high of $210.83.

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.