PFG Advisors Has $264,000 Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

PFG Advisors reduced its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 53.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,241 shares of the company’s stock after selling 1,451 shares during the quarter. PFG Advisors’ holdings in Vanguard Mega Cap ETF were worth $264,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. New York Life Investment Management LLC boosted its holdings in shares of Vanguard Mega Cap ETF by 3.3% during the fourth quarter. New York Life Investment Management LLC now owns 536,666 shares of the company’s stock worth $114,127,000 after purchasing an additional 17,030 shares during the period. Leavell Investment Management Inc. boosted its holdings in shares of Vanguard Mega Cap ETF by 3.3% during the fourth quarter. Leavell Investment Management Inc. now owns 470,036 shares of the company’s stock worth $99,958,000 after purchasing an additional 15,008 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Vanguard Mega Cap ETF by 1.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 410,655 shares of the company’s stock worth $87,330,000 after purchasing an additional 7,712 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Mega Cap ETF during the fourth quarter worth approximately $65,366,000. Finally, Truist Financial Corp boosted its holdings in shares of Vanguard Mega Cap ETF by 5.0% during the fourth quarter. Truist Financial Corp now owns 228,744 shares of the company’s stock worth $48,645,000 after purchasing an additional 10,881 shares during the period.

Vanguard Mega Cap ETF Stock Performance

MGC stock opened at $203.45 on Friday. The stock has a market cap of $6.26 billion, a P/E ratio of 26.29 and a beta of 1.01. The firm has a 50 day simple moving average of $215.07 and a 200 day simple moving average of $211.76. Vanguard Mega Cap ETF has a 52 week low of $176.66 and a 52 week high of $222.75.

Vanguard Mega Cap ETF Company 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.