Brand Asset Management Group Inc. Trims Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Brand Asset Management Group Inc. lowered its position in Vanguard Mega Cap ETF (NYSEARCA:MGCFree Report) by 2.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,565 shares of the company’s stock after selling 369 shares during the quarter. Vanguard Mega Cap ETF comprises about 1.2% of Brand Asset Management Group Inc.’s holdings, making the stock its 22nd biggest holding. Brand Asset Management Group Inc.’s holdings in Vanguard Mega Cap ETF were worth $2,885,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of MGC. Decker Retirement Planning Inc. acquired a new position in shares of Vanguard Mega Cap ETF in the 4th quarter worth approximately $30,000. Ashton Thomas Securities LLC purchased a new position in shares of Vanguard Mega Cap ETF in the third quarter valued at approximately $33,000. Hershey Financial Advisers LLC purchased a new stake in Vanguard Mega Cap ETF during the 2nd quarter worth approximately $36,000. Future Financial Wealth Managment LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the third quarter worth $41,000. Finally, Tsfg LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at $42,000.

Vanguard Mega Cap ETF Price Performance

MGC stock opened at $216.45 on Friday. The business’s 50-day moving average is $215.40 and its two-hundred day moving average is $206.87. The firm has a market capitalization of $6.24 billion, a P/E ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 1 year low of $169.24 and a 1 year high of $220.49.

Vanguard Mega Cap ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard Mega Cap ETF (NYSEARCA:MGC)

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