Vanguard Mega Cap ETF (NYSEARCA:MGC) Stock Holdings Lessened by Phillips Financial Management LLC

Phillips Financial Management LLC cut its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 3.4% during the fourth quarter, Holdings Channel reports. The firm owned 44,553 shares of the company’s stock after selling 1,569 shares during the quarter. Phillips Financial Management LLC’s holdings in Vanguard Mega Cap ETF were worth $9,475,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of MGC. Atria Investments Inc increased its position in shares of Vanguard Mega Cap ETF by 15.7% in the third quarter. Atria Investments Inc now owns 18,286 shares of the company’s stock worth $3,779,000 after acquiring an additional 2,488 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in Vanguard Mega Cap ETF in the 3rd quarter worth approximately $33,000. Harbour Investments Inc. grew its position in Vanguard Mega Cap ETF by 33.3% during the 3rd quarter. Harbour Investments Inc. now owns 8,631 shares of the company’s stock worth $1,783,000 after purchasing an additional 2,158 shares in the last quarter. Aptus Capital Advisors LLC raised its stake in Vanguard Mega Cap ETF by 0.7% during the 3rd quarter. Aptus Capital Advisors LLC now owns 12,231 shares of the company’s stock valued at $2,527,000 after purchasing an additional 82 shares during the period. Finally, Pinnacle Financial Partners Inc boosted its position in Vanguard Mega Cap ETF by 18.1% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 3,095 shares of the company’s stock worth $640,000 after acquiring an additional 475 shares during the period.

Vanguard Mega Cap ETF Price Performance

NYSEARCA:MGC opened at $202.06 on Thursday. The stock’s 50-day moving average is $215.77 and its two-hundred day moving average is $211.84. Vanguard Mega Cap ETF has a fifty-two week low of $176.66 and a fifty-two week high of $222.75. The stock has a market cap of $6.21 billion, a PE ratio of 27.81 and a beta of 1.01.

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.