Farther Finance Advisors LLC Has $244,000 Position in Vanguard Mega Cap ETF $MGC

Farther Finance Advisors LLC cut its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 79.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,001 shares of the company’s stock after selling 3,944 shares during the quarter. Farther Finance Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $244,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Focus Financial Network Inc. lifted its holdings in shares of Vanguard Mega Cap ETF by 20.1% during the third quarter. Focus Financial Network Inc. now owns 1,244 shares of the company’s stock worth $304,000 after buying an additional 208 shares in the last quarter. Legacy Private Trust Co. acquired a new stake in Vanguard Mega Cap ETF in the 3rd quarter worth about $204,000. Beacon Financial Group boosted its holdings in Vanguard Mega Cap ETF by 102.1% in the 3rd quarter. Beacon Financial Group now owns 56,875 shares of the company’s stock valued at $13,883,000 after purchasing an additional 28,738 shares during the period. Steph & Co. grew its position in shares of Vanguard Mega Cap ETF by 3.8% during the 3rd quarter. Steph & Co. now owns 36,562 shares of the company’s stock worth $8,924,000 after purchasing an additional 1,336 shares in the last quarter. Finally, Hobart Private Capital LLC grew its position in shares of Vanguard Mega Cap ETF by 102.3% during the 3rd quarter. Hobart Private Capital LLC now owns 50,318 shares of the company’s stock worth $12,282,000 after purchasing an additional 25,450 shares in the last quarter.

Vanguard Mega Cap ETF Trading Down 0.0%

NYSEARCA MGC opened at $251.16 on Monday. Vanguard Mega Cap ETF has a 1-year low of $173.32 and a 1-year high of $254.68. The company has a 50 day moving average of $250.15 and a 200-day moving average of $240.24. The company has a market cap of $9.12 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01.

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.