HBW Advisory Services LLC Trims Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

HBW Advisory Services LLC trimmed its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 70.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,416 shares of the company’s stock after selling 5,679 shares during the quarter. HBW Advisory Services LLC’s holdings in Vanguard Mega Cap ETF were worth $514,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Ashton Thomas Securities LLC purchased a new stake in Vanguard Mega Cap ETF in the 3rd quarter worth approximately $33,000. Hershey Financial Advisers LLC bought a new position in shares of Vanguard Mega Cap ETF in the second quarter worth $36,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the third quarter worth $41,000. Fairscale Capital LLC bought a new stake in Vanguard Mega Cap ETF during the second quarter valued at $91,000. Finally, Larson Financial Group LLC grew its position in Vanguard Mega Cap ETF by 12.6% during the third quarter. Larson Financial Group LLC now owns 474 shares of the company’s stock worth $98,000 after buying an additional 53 shares in the last quarter.

Vanguard Mega Cap ETF Stock Down 1.5 %

NYSEARCA:MGC opened at $210.73 on Friday. The stock has a market cap of $6.08 billion, a P/E ratio of 26.93 and a beta of 1.02. The business’s 50-day moving average price is $215.09 and its two-hundred day moving average price is $206.24. Vanguard Mega Cap ETF has a twelve month low of $168.08 and a twelve month high of $220.49.

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.