Moloney Securities Asset Management LLC Lowers Stake in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Moloney Securities Asset Management LLC lessened its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 9.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,406 shares of the company’s stock after selling 150 shares during the period. Moloney Securities Asset Management LLC’s holdings in Vanguard Mega Cap ETF were worth $299,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Mesirow Financial Investment Management Inc. increased its position in shares of Vanguard Mega Cap ETF by 101.0% in the third quarter. Mesirow Financial Investment Management Inc. now owns 196,948 shares of the company’s stock valued at $40,698,000 after buying an additional 98,974 shares in the last quarter. Captrust Financial Advisors grew its stake in Vanguard Mega Cap ETF by 98.4% in the 3rd quarter. Captrust Financial Advisors now owns 197,628 shares of the company’s stock valued at $40,838,000 after acquiring an additional 97,999 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in Vanguard Mega Cap ETF in the 3rd quarter valued at $16,907,000. International Assets Investment Management LLC increased its holdings in Vanguard Mega Cap ETF by 20,675.3% in the 3rd quarter. International Assets Investment Management LLC now owns 74,999 shares of the company’s stock worth $15,498,000 after acquiring an additional 74,638 shares in the last quarter. Finally, Segment Wealth Management LLC acquired a new position in Vanguard Mega Cap ETF during the fourth quarter worth $9,684,000.

Vanguard Mega Cap ETF Stock Up 0.7 %

Shares of NYSEARCA MGC opened at $219.37 on Tuesday. The firm has a market cap of $6.32 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 52-week low of $176.49 and a 52-week high of $221.53. The company’s 50-day simple moving average is $216.80 and its 200-day simple moving average is $208.99.

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.