Global Assets Advisory LLC Sells 2,965 Shares of Vanguard Mega Cap ETF $MGC

Global Assets Advisory LLC reduced its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 67.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,400 shares of the company’s stock after selling 2,965 shares during the quarter. Global Assets Advisory LLC’s holdings in Vanguard Mega Cap ETF were worth $314,000 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. Miracle Mile Advisors LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the first quarter worth $240,000. Farther Finance Advisors LLC purchased a new stake in Vanguard Mega Cap ETF during the 1st quarter valued at about $922,000. Accurate Wealth Management LLC increased its stake in Vanguard Mega Cap ETF by 4.9% during the 1st quarter. Accurate Wealth Management LLC now owns 1,809 shares of the company’s stock valued at $350,000 after purchasing an additional 85 shares in the last quarter. Parsons Capital Management Inc. RI raised its holdings in Vanguard Mega Cap ETF by 7.8% in the first quarter. Parsons Capital Management Inc. RI now owns 4,604 shares of the company’s stock worth $927,000 after buying an additional 335 shares during the last quarter. Finally, Integrated Advisors Network LLC bought a new position in shares of Vanguard Mega Cap ETF in the first quarter worth approximately $669,000.

Vanguard Mega Cap ETF Stock Up 0.5%

NYSEARCA:MGC opened at $246.20 on Tuesday. The stock has a market cap of $8.28 billion, a price-to-earnings ratio of 26.06 and a beta of 1.00. The company’s 50 day moving average price is $237.12 and its 200-day moving average price is $220.04. Vanguard Mega Cap ETF has a 52 week low of $173.32 and a 52 week high of $246.49.

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.