McAdam LLC Lowers Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

McAdam LLC lowered its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,572 shares of the company’s stock after selling 88 shares during the period. McAdam LLC’s holdings in Vanguard Mega Cap ETF were worth $943,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Key Financial Inc bought a new stake in Vanguard Mega Cap ETF during the 4th quarter valued at about $29,000. Baystate Wealth Management LLC purchased a new position in Vanguard Mega Cap ETF in the 4th quarter worth approximately $79,000. Global Retirement Partners LLC raised its holdings in Vanguard Mega Cap ETF by 17.1% in the 4th quarter. Global Retirement Partners LLC now owns 637 shares of the company’s stock worth $108,000 after acquiring an additional 93 shares during the last quarter. MGO One Seven LLC bought a new position in Vanguard Mega Cap ETF in the 3rd quarter valued at approximately $202,000. Finally, Well Done LLC purchased a new stake in Vanguard Mega Cap ETF during the 4th quarter valued at $215,000.

Vanguard Mega Cap ETF Stock Performance

MGC opened at $182.43 on Tuesday. The company’s 50-day simple moving average is $183.27 and its two-hundred day simple moving average is $171.77. The stock has a market capitalization of $5.26 billion, a P/E ratio of 27.80 and a beta of 1.01. Vanguard Mega Cap ETF has a 52-week low of $141.84 and a 52-week high of $187.68.

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.