Modera Wealth Management LLC Has $15.68 Million Holdings in Vanguard Mega Cap ETF $MGC

Modera Wealth Management LLC trimmed its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 3.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,702 shares of the company’s stock after selling 2,784 shares during the period. Modera Wealth Management LLC owned about 0.21% of Vanguard Mega Cap ETF worth $15,677,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC bought a new stake in Vanguard Mega Cap ETF during the 2nd quarter valued at approximately $27,000. St. Johns Investment Management Company LLC bought a new stake in Vanguard Mega Cap ETF in the 2nd quarter valued at $34,000. POM Investment Strategies LLC acquired a new position in shares of Vanguard Mega Cap ETF in the 1st quarter valued at $52,000. NorthRock Partners LLC acquired a new position in shares of Vanguard Mega Cap ETF in the 1st quarter valued at $56,000. Finally, Bank of Montreal Can lifted its holdings in shares of Vanguard Mega Cap ETF by 110.8% during the 2nd quarter. Bank of Montreal Can now owns 333 shares of the company’s stock worth $75,000 after acquiring an additional 175 shares during the period.

Vanguard Mega Cap ETF Stock Down 1.1%

NYSEARCA MGC opened at $247.01 on Friday. Vanguard Mega Cap ETF has a twelve month low of $173.32 and a twelve month high of $254.46. The stock has a market cap of $8.65 billion, a P/E ratio of 26.06 and a beta of 1.01. The company’s 50-day simple moving average is $243.81 and its 200 day simple moving average is $228.25.

About Vanguard Mega Cap ETF

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.