Vanguard Mega Cap ETF (NYSEARCA:MGC) Shares Sold by Jackson Wealth Management LLC

Jackson Wealth Management LLC reduced its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 47.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,926 shares of the company’s stock after selling 8,789 shares during the period. Jackson Wealth Management LLC’s holdings in Vanguard Mega Cap ETF were worth $1,958,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Key Financial Inc purchased a new stake in Vanguard Mega Cap ETF in the 4th quarter worth approximately $29,000. Voisard Asset Management Group Inc. purchased a new stake in shares of Vanguard Mega Cap ETF during the 4th quarter valued at $30,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the 1st quarter valued at $37,000. Acima Private Wealth LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the 4th quarter valued at $40,000. Finally, Principal Securities Inc. purchased a new stake in shares of Vanguard Mega Cap ETF during the 4th quarter valued at $55,000.

Vanguard Mega Cap ETF Stock Down 1.9 %

Shares of NYSEARCA MGC traded down $3.64 during trading on Friday, hitting $191.95. 83,570 shares of the company traded hands, compared to its average volume of 79,225. The company has a 50-day moving average price of $196.89 and a 200-day moving average price of $187.28. Vanguard Mega Cap ETF has a 1 year low of $145.94 and a 1 year high of $204.72. The firm has a market capitalization of $5.53 billion, a P/E ratio of 26.93 and a beta of 1.02.

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.