Vanguard Mega Cap ETF (NYSEARCA:MGC) is Blackston Financial Advisory Group LLC’s 7th Largest Position

Blackston Financial Advisory Group LLC lowered its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 6.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,530 shares of the company’s stock after selling 3,039 shares during the period. Vanguard Mega Cap ETF accounts for 4.4% of Blackston Financial Advisory Group LLC’s investment portfolio, making the stock its 7th largest holding. Blackston Financial Advisory Group LLC owned 0.14% of Vanguard Mega Cap ETF worth $8,565,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of MGC. Dynamic Advisor Solutions LLC purchased a new position in shares of Vanguard Mega Cap ETF in the 1st quarter valued at approximately $323,000. Wealth Enhancement Advisory Services LLC grew its position in Vanguard Mega Cap ETF by 105.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 79,888 shares of the company’s stock valued at $16,088,000 after buying an additional 41,050 shares during the last quarter. Simon Quick Advisors LLC increased its stake in Vanguard Mega Cap ETF by 4.6% in the 1st quarter. Simon Quick Advisors LLC now owns 6,652 shares of the company’s stock valued at $1,340,000 after buying an additional 292 shares during the period. Zhang Financial LLC raised its position in Vanguard Mega Cap ETF by 12.9% during the 1st quarter. Zhang Financial LLC now owns 29,043 shares of the company’s stock worth $5,849,000 after buying an additional 3,325 shares during the last quarter. Finally, Fiduciary Advisors Inc. lifted its stake in shares of Vanguard Mega Cap ETF by 0.3% in the 1st quarter. Fiduciary Advisors Inc. now owns 23,431 shares of the company’s stock worth $4,719,000 after acquiring an additional 70 shares during the period.

Vanguard Mega Cap ETF Stock Up 1.0%

Shares of NYSEARCA:MGC opened at $218.99 on Tuesday. Vanguard Mega Cap ETF has a fifty-two week low of $173.32 and a fifty-two week high of $222.75. The firm’s 50-day simple moving average is $206.03 and its 200-day simple moving average is $210.12. The company has a market cap of $6.98 billion, a price-to-earnings ratio of 26.66 and a beta of 1.02.

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.