Vanguard Mega Cap ETF $MGC is Procyon Advisors LLC’s 2nd Largest Position

Procyon Advisors LLC lessened its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 454,067 shares of the company’s stock after selling 4,448 shares during the quarter. Vanguard Mega Cap ETF accounts for 1.8% of Procyon Advisors LLC’s investment portfolio, making the stock its 2nd largest position. Procyon Advisors LLC owned approximately 1.25% of Vanguard Mega Cap ETF worth $114,048,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Pinnacle Financial Partners Inc. raised its holdings in Vanguard Mega Cap ETF by 1.4% during the 3rd quarter. Pinnacle Financial Partners Inc. now owns 3,089 shares of the company’s stock valued at $754,000 after acquiring an additional 42 shares during the period. Keystone Financial Group boosted its holdings in shares of Vanguard Mega Cap ETF by 2.8% in the third quarter. Keystone Financial Group now owns 1,666 shares of the company’s stock worth $407,000 after acquiring an additional 46 shares during the period. Savant Capital LLC grew its position in shares of Vanguard Mega Cap ETF by 0.4% in the third quarter. Savant Capital LLC now owns 12,410 shares of the company’s stock valued at $3,029,000 after purchasing an additional 51 shares in the last quarter. Larson Financial Group LLC grew its position in shares of Vanguard Mega Cap ETF by 8.1% in the third quarter. Larson Financial Group LLC now owns 677 shares of the company’s stock valued at $165,000 after purchasing an additional 51 shares in the last quarter. Finally, Financial Freedom LLC raised its stake in shares of Vanguard Mega Cap ETF by 0.6% during the 2nd quarter. Financial Freedom LLC now owns 10,197 shares of the company’s stock valued at $2,294,000 after purchasing an additional 60 shares during the period.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA:MGC opened at $236.93 on Friday. The firm has a market cap of $9.29 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 52-week low of $173.32 and a 52-week high of $255.75. The business’s fifty day moving average is $249.45 and its 200 day moving average is $248.07.

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.