Forvis Mazars Wealth Advisors LLC Sells 2,851 Shares of Vanguard Mega Cap ETF $MGC

Forvis Mazars Wealth Advisors LLC reduced its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 197,881 shares of the company’s stock after selling 2,851 shares during the quarter. Vanguard Mega Cap ETF makes up about 1.0% of Forvis Mazars Wealth Advisors LLC’s portfolio, making the stock its 18th largest position. Forvis Mazars Wealth Advisors LLC owned 0.61% of Vanguard Mega Cap ETF worth $44,507,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. TrueWealth Advisors LLC boosted its stake in shares of Vanguard Mega Cap ETF by 1.1% in the 2nd quarter. TrueWealth Advisors LLC now owns 4,473 shares of the company’s stock valued at $1,006,000 after purchasing an additional 49 shares during the last quarter. Fifth Third Securities Inc. boosted its stake in shares of Vanguard Mega Cap ETF by 1.6% in the 1st quarter. Fifth Third Securities Inc. now owns 3,715 shares of the company’s stock valued at $748,000 after purchasing an additional 60 shares during the last quarter. ZEGA Investments LLC boosted its stake in shares of Vanguard Mega Cap ETF by 4.9% in the 1st quarter. ZEGA Investments LLC now owns 1,432 shares of the company’s stock valued at $288,000 after purchasing an additional 67 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its stake in shares of Vanguard Mega Cap ETF by 0.8% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 9,328 shares of the company’s stock valued at $1,879,000 after purchasing an additional 76 shares during the last quarter. Finally, Synovus Financial Corp boosted its stake in shares of Vanguard Mega Cap ETF by 2.6% in the 1st quarter. Synovus Financial Corp now owns 2,964 shares of the company’s stock valued at $597,000 after purchasing an additional 76 shares during the last quarter.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA:MGC opened at $243.95 on Friday. The firm’s fifty day moving average is $239.58 and its 200-day moving average is $222.39. Vanguard Mega Cap ETF has a 52 week low of $173.32 and a 52 week high of $247.39. The firm has a market cap of $8.55 billion, a P/E ratio of 26.06 and a beta of 1.00.

Vanguard Mega Cap ETF Profile

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.