Exencial Wealth Advisors LLC Cuts Holdings in Vanguard Mega Cap ETF $MGC

Exencial Wealth Advisors LLC lessened its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 3.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 86,465 shares of the company’s stock after selling 2,995 shares during the period. Exencial Wealth Advisors LLC owned approximately 0.25% of Vanguard Mega Cap ETF worth $21,105,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MGC. Orion Porfolio Solutions LLC lifted its stake in shares of Vanguard Mega Cap ETF by 577.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock valued at $235,127,000 after purchasing an additional 891,030 shares in the last quarter. RiverFront Investment Group LLC lifted its position in Vanguard Mega Cap ETF by 30,480.3% during the second quarter. RiverFront Investment Group LLC now owns 476,135 shares of the company’s stock valued at $107,092,000 after buying an additional 474,578 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Vanguard Mega Cap ETF by 65.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 863,882 shares of the company’s stock valued at $194,304,000 after acquiring an additional 341,492 shares during the period. Investment Planning Advisors Inc. acquired a new position in shares of Vanguard Mega Cap ETF during the 3rd quarter valued at $33,407,000. Finally, Ascent Group LLC boosted its position in Vanguard Mega Cap ETF by 103.6% during the 3rd quarter. Ascent Group LLC now owns 207,450 shares of the company’s stock worth $50,636,000 after purchasing an additional 105,551 shares during the period.

Vanguard Mega Cap ETF Price Performance

NYSEARCA:MGC opened at $254.44 on Wednesday. The business’s 50-day moving average is $250.44 and its two-hundred day moving average is $241.90. Vanguard Mega Cap ETF has a 12 month low of $173.32 and a 12 month high of $255.60. The firm has a market capitalization of $9.98 billion, a PE 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.