Procyon Advisors LLC Sells 13,969 Shares of Vanguard Mega Cap ETF $MGC

Procyon Advisors LLC lessened its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 3.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 440,098 shares of the company’s stock after selling 13,969 shares during the period. Vanguard Mega Cap ETF accounts for about 1.6% of Procyon Advisors LLC’s portfolio, making the stock its 2nd biggest position. Procyon Advisors LLC owned about 1.23% of Vanguard Mega Cap ETF worth $104,017,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of the stock. Orion Porfolio Solutions LLC grew its holdings in shares of Vanguard Mega Cap ETF by 577.3% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock worth $235,127,000 after purchasing an additional 891,030 shares in the last quarter. Morgan Stanley lifted its position in Vanguard Mega Cap ETF by 3.1% during the fourth quarter. Morgan Stanley now owns 594,721 shares of the company’s stock worth $149,376,000 after purchasing an additional 17,646 shares during the period. Wells Fargo & Company MN grew its stake in Vanguard Mega Cap ETF by 3.8% during the fourth quarter. Wells Fargo & Company MN now owns 590,775 shares of the company’s stock worth $148,385,000 after buying an additional 21,811 shares in the last quarter. UBS Group AG increased its holdings in Vanguard Mega Cap ETF by 3.4% in the 3rd quarter. UBS Group AG now owns 493,819 shares of the company’s stock valued at $120,536,000 after buying an additional 16,121 shares during the period. Finally, LPL Financial LLC raised its position in shares of Vanguard Mega Cap ETF by 1.2% in the 4th quarter. LPL Financial LLC now owns 486,850 shares of the company’s stock valued at $122,282,000 after buying an additional 5,822 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of Vanguard Mega Cap ETF stock opened at $276.79 on Monday. The company has a market cap of $10.12 billion, a PE ratio of 26.06 and a beta of 1.01. The company has a 50 day moving average of $272.74 and a 200-day moving average of $257.66. Vanguard Mega Cap ETF has a 1-year low of $225.44 and a 1-year high of $280.10.

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.