Vanguard Mega Cap ETF (NYSEARCA:MGC) is Blackston Financial Advisory Group LLC’s 7th Largest Position

Blackston Financial Advisory Group LLC increased its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 3.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,569 shares of the company’s stock after buying an additional 1,518 shares during the quarter. Vanguard Mega Cap ETF comprises approximately 4.8% of Blackston Financial Advisory Group LLC’s portfolio, making the stock its 7th biggest holding. Blackston Financial Advisory Group LLC owned approximately 0.16% of Vanguard Mega Cap ETF worth $9,691,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Foundations Investment Advisors LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 65.6% during the 3rd quarter. Foundations Investment Advisors LLC now owns 2,241 shares of the company’s stock worth $463,000 after acquiring an additional 888 shares during the period. Stifel Financial Corp raised its stake in Vanguard Mega Cap ETF by 2.9% during the third quarter. Stifel Financial Corp now owns 7,668 shares of the company’s stock worth $1,585,000 after purchasing an additional 217 shares during the period. FMR LLC raised its stake in Vanguard Mega Cap ETF by 3.5% during the third quarter. FMR LLC now owns 22,727 shares of the company’s stock worth $4,696,000 after purchasing an additional 764 shares during the period. Bleakley Financial Group LLC acquired a new position in shares of Vanguard Mega Cap ETF in the 4th quarter valued at $209,000. Finally, Verus Financial Partners Inc. grew its stake in shares of Vanguard Mega Cap ETF by 0.4% during the 3rd quarter. Verus Financial Partners Inc. now owns 223,343 shares of the company’s stock valued at $45,691,000 after buying an additional 822 shares during the period.

Vanguard Mega Cap ETF Stock Down 1.8 %

MGC stock opened at $217.85 on Friday. Vanguard Mega Cap ETF has a 52 week low of $176.66 and a 52 week high of $222.75. The company has a market cap of $6.28 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. The business has a fifty day simple moving average of $217.19 and a 200-day simple moving average of $210.46.

About Vanguard Mega Cap ETF

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.