Blackston Financial Advisory Group LLC Has $9.08 Million Stake in Vanguard Mega Cap ETF $MGC

Blackston Financial Advisory Group LLC trimmed its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 5.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 40,361 shares of the company’s stock after selling 2,169 shares during the quarter. Vanguard Mega Cap ETF makes up approximately 4.1% of Blackston Financial Advisory Group LLC’s investment portfolio, making the stock its 7th biggest holding. Blackston Financial Advisory Group LLC’s holdings in Vanguard Mega Cap ETF were worth $9,078,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC bought a new stake in shares of Vanguard Mega Cap ETF during the second quarter valued at approximately $27,000. St. Johns Investment Management Company LLC bought a new position in Vanguard Mega Cap ETF in the second quarter worth $34,000. NorthRock Partners LLC acquired a new stake in Vanguard Mega Cap ETF during the first quarter worth $56,000. Bank of Montreal Can increased its holdings in Vanguard Mega Cap ETF by 110.8% in the 2nd quarter. Bank of Montreal Can now owns 333 shares of the company’s stock valued at $75,000 after buying an additional 175 shares during the period. Finally, Dagco Inc. bought a new stake in Vanguard Mega Cap ETF in the 1st quarter valued at $79,000.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA:MGC opened at $246.82 on Monday. The company has a 50-day moving average of $244.04 and a 200-day moving average of $229.20. The company has a market capitalization of $8.65 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 52 week low of $173.32 and a 52 week high of $254.46.

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.