Kestra Private Wealth Services LLC Has $1.48 Million Holdings in Vanguard Mega Cap ETF $MGC

Kestra Private Wealth Services LLC cut its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 41.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,265 shares of the company’s stock after selling 4,466 shares during the period. Kestra Private Wealth Services LLC’s holdings in Vanguard Mega Cap ETF were worth $1,481,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of MGC. BCGM Wealth Management LLC lifted its position in shares of Vanguard Mega Cap ETF by 97.3% in the 3rd quarter. BCGM Wealth Management LLC now owns 38,081 shares of the company’s stock worth $9,295,000 after acquiring an additional 18,783 shares during the period. Exchange Traded Concepts LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the 4th quarter worth approximately $11,119,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of Vanguard Mega Cap ETF by 3.2% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 85,758 shares of the company’s stock valued at $21,540,000 after purchasing an additional 2,666 shares during the period. BTC Capital Management Inc. acquired a new position in shares of Vanguard Mega Cap ETF in the fourth quarter valued at $560,000. Finally, West Wealth Group LLC raised its stake in shares of Vanguard Mega Cap ETF by 7.1% in the fourth quarter. West Wealth Group LLC now owns 103,726 shares of the company’s stock valued at $26,053,000 after purchasing an additional 6,920 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

Shares of MGC stock opened at $271.04 on Tuesday. The stock has a market cap of $9.71 billion, a P/E ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a one year low of $223.50 and a one year high of $280.10. The stock has a fifty day moving average price of $270.15 and a 200 day moving average price of $256.14.

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.