Vanguard Mega Cap ETF $MGC Position Cut by Strategic Blueprint LLC

Strategic Blueprint LLC lowered its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 80.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,962 shares of the company’s stock after selling 28,402 shares during the period. Strategic Blueprint LLC’s holdings in Vanguard Mega Cap ETF were worth $1,699,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of MGC. Orion Porfolio Solutions LLC lifted its holdings in Vanguard Mega Cap ETF by 577.3% in the second quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock worth $235,127,000 after purchasing an additional 891,030 shares during the period. RiverFront Investment Group LLC boosted its holdings in shares of Vanguard Mega Cap ETF by 30,480.3% in the second quarter. RiverFront Investment Group LLC now owns 476,135 shares of the company’s stock valued at $107,092,000 after acquiring an additional 474,578 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Mega Cap ETF by 65.4% in the second quarter. Envestnet Asset Management Inc. now owns 863,882 shares of the company’s stock valued at $194,304,000 after acquiring an additional 341,492 shares in the last quarter. Investment Planning Advisors Inc. acquired a new position in shares of Vanguard Mega Cap ETF during the third quarter valued at approximately $33,407,000. Finally, Ascent Group LLC raised its holdings in Vanguard Mega Cap ETF by 103.6% during the third quarter. Ascent Group LLC now owns 207,450 shares of the company’s stock worth $50,636,000 after purchasing an additional 105,551 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA MGC opened at $253.04 on Friday. Vanguard Mega Cap ETF has a 1 year low of $173.32 and a 1 year high of $255.11. The firm has a market cap of $9.93 billion, a P/E ratio of 26.06 and a beta of 1.01. The stock has a fifty day moving average price of $250.21 and a two-hundred day moving average price of $240.93.

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.