Marshall Financial Group LLC Sells 2,293 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Marshall Financial Group LLC reduced its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 45.5% in the 4th quarter, HoldingsChannel reports. The firm owned 2,750 shares of the company’s stock after selling 2,293 shares during the period. Marshall Financial Group LLC’s holdings in Vanguard Mega Cap ETF were worth $585,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of MGC. Larson Financial Group LLC boosted its holdings in shares of Vanguard Mega Cap ETF by 12.6% during the third quarter. Larson Financial Group LLC now owns 474 shares of the company’s stock worth $98,000 after acquiring an additional 53 shares during the period. Diversify Advisory Services LLC lifted its holdings in Vanguard Mega Cap ETF by 3.2% during the 3rd quarter. Diversify Advisory Services LLC now owns 1,880 shares of the company’s stock worth $396,000 after purchasing an additional 58 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Vanguard Mega Cap ETF by 6.6% in the 4th quarter. Geneos Wealth Management Inc. now owns 1,029 shares of the company’s stock valued at $219,000 after purchasing an additional 64 shares during the period. Zega Financial LLC grew its holdings in Vanguard Mega Cap ETF by 5.6% in the 3rd quarter. Zega Financial LLC now owns 1,290 shares of the company’s stock valued at $267,000 after buying an additional 68 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV increased its position in Vanguard Mega Cap ETF by 0.8% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 9,382 shares of the company’s stock worth $1,939,000 after buying an additional 76 shares during the period.

Vanguard Mega Cap ETF Stock Performance

MGC opened at $220.50 on Friday. The stock has a fifty day moving average of $215.90 and a 200-day moving average of $207.54. The company has a market capitalization of $6.36 billion, a P/E ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a fifty-two week low of $173.01 and a fifty-two week high of $221.53.

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.