Florida Financial Advisors LLC Has $8.70 Million Stock Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Florida Financial Advisors LLC trimmed its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 7.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,901 shares of the company’s stock after selling 3,514 shares during the period. Vanguard Mega Cap ETF accounts for 3.9% of Florida Financial Advisors LLC’s portfolio, making the stock its 4th largest holding. Florida Financial Advisors LLC owned 0.14% of Vanguard Mega Cap ETF worth $8,698,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. New York Life Investment Management LLC raised its position in Vanguard Mega Cap ETF by 3.3% in the 4th 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. lifted its holdings in Vanguard Mega Cap ETF by 3.3% during the 4th quarter. Leavell Investment Management Inc. now owns 470,036 shares of the company’s stock valued at $99,958,000 after buying an additional 15,008 shares in the last quarter. LPL Financial LLC raised its position in Vanguard Mega Cap ETF by 13.5% during the 4th quarter. LPL Financial LLC now owns 429,445 shares of the company’s stock valued at $91,326,000 after purchasing an additional 51,072 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Vanguard Mega Cap ETF by 1.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 410,655 shares of the company’s stock worth $87,330,000 after buying an additional 7,712 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of Vanguard Mega Cap ETF during the fourth quarter valued at $65,366,000.

Vanguard Mega Cap ETF Price Performance

MGC stock opened at $208.11 on Tuesday. Vanguard Mega Cap ETF has a 1-year low of $176.66 and a 1-year high of $222.75. The business has a 50-day moving average price of $214.04 and a 200 day moving average price of $212.02. The company has a market capitalization of $6.41 billion, a P/E ratio of 26.29 and a beta of 1.01.

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.