Florida Financial Advisors LLC Has $8.70 Million Stock Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Florida Financial Advisors LLC lowered its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 7.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,901 shares of the company’s stock after selling 3,514 shares during the quarter. Vanguard Mega Cap ETF comprises 3.9% of Florida Financial Advisors LLC’s holdings, making the stock its 4th largest holding. Florida Financial Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $8,698,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 4th quarter valued at about $29,000. Decker Retirement Planning Inc. purchased a new position in Vanguard Mega Cap ETF in the fourth quarter worth $30,000. SBI Securities Co. Ltd. acquired a new position in shares of Vanguard Mega Cap ETF during the fourth quarter worth $31,000. Key Financial Inc purchased a new stake in shares of Vanguard Mega Cap ETF during the 4th quarter valued at $40,000. Finally, Tsfg LLC purchased a new position in Vanguard Mega Cap ETF during the 4th quarter worth $42,000.

Vanguard Mega Cap ETF Stock Performance

Vanguard Mega Cap ETF stock opened at $208.11 on Tuesday. Vanguard Mega Cap ETF has a one year low of $176.66 and a one year high of $222.75. The stock has a market cap of $6.41 billion, a PE ratio of 26.29 and a beta of 1.01. The stock has a 50-day moving average of $214.04 and a two-hundred day moving average of $212.02.

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.