HBW Advisory Services LLC Sells 4,128 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

HBW Advisory Services LLC lessened its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 33.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,095 shares of the company’s stock after selling 4,128 shares during the period. HBW Advisory Services LLC’s holdings in Vanguard Mega Cap ETF were worth $1,673,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in MGC. New York Life Investment Management LLC boosted its holdings in Vanguard Mega Cap ETF by 9.8% in the second quarter. New York Life Investment Management LLC now owns 601,732 shares of the company’s stock valued at $118,716,000 after acquiring an additional 53,817 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Vanguard Mega Cap ETF by 18.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 503,356 shares of the company’s stock worth $85,208,000 after purchasing an additional 79,645 shares during the period. Apella Capital LLC boosted its stake in shares of Vanguard Mega Cap ETF by 14.8% in the 3rd quarter. Apella Capital LLC now owns 441,217 shares of the company’s stock valued at $90,220,000 after purchasing an additional 56,991 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Vanguard Mega Cap ETF by 2.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 437,600 shares of the company’s stock valued at $74,077,000 after purchasing an additional 10,276 shares during the last quarter. Finally, Leavell Investment Management Inc. increased its position in shares of Vanguard Mega Cap ETF by 3.6% during the second quarter. Leavell Investment Management Inc. now owns 430,635 shares of the company’s stock worth $85,225,000 after buying an additional 15,031 shares during the period.

Vanguard Mega Cap ETF Price Performance

NYSEARCA MGC traded up $1.26 during mid-day trading on Friday, reaching $205.47. 39,980 shares of the stock were exchanged, compared to its average volume of 79,978. The stock has a market cap of $5.92 billion, a P/E ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a one year low of $145.94 and a one year high of $206.99. The stock has a 50 day simple moving average of $199.50 and a 200-day simple moving average of $193.66.

Vanguard Mega Cap ETF 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.