Mather Group LLC. Sells 1,145 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Mather Group LLC. lessened its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 16.4% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,849 shares of the company’s stock after selling 1,145 shares during the period. Mather Group LLC.’s holdings in Vanguard Mega Cap ETF were worth $1,209,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MGC. New York Life Investment Management LLC boosted its position in shares of Vanguard Mega Cap ETF by 9.8% during the 2nd 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 Vanguard Mega Cap ETF by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 443,796 shares of the company’s stock valued at $87,556,000 after purchasing an additional 3,073 shares during the last quarter. Apella Capital LLC lifted its position in Vanguard Mega Cap ETF by 14.8% during the third 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. Leavell Investment Management Inc. grew its stake in Vanguard Mega Cap ETF by 3.6% in the 2nd 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 in the last quarter. Finally, Cadence Bank increased its holdings in shares of Vanguard Mega Cap ETF by 0.7% in the 1st quarter. Cadence Bank now owns 425,246 shares of the company’s stock worth $79,466,000 after buying an additional 3,101 shares during the last quarter.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA MGC opened at $206.46 on Wednesday. Vanguard Mega Cap ETF has a 52-week low of $145.94 and a 52-week high of $206.99. The company has a fifty day moving average of $200.10 and a 200-day moving average of $194.18. The company has a market capitalization of $5.95 billion, a P/E ratio of 26.93 and a beta of 1.02.

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.