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

Kestra Private Wealth Services LLC trimmed its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 41.6% during the first quarter, Holdings Channel reports. 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 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Blue Trust Inc. raised its holdings in shares of Vanguard Mega Cap ETF by 124.0% in the 1st quarter. Blue Trust Inc. now owns 430 shares of the company’s stock worth $102,000 after buying an additional 238 shares in the last quarter. Steph & Co. lifted its position in shares of Vanguard Mega Cap ETF by 15.0% during the 1st quarter. Steph & Co. now owns 44,202 shares of the company’s stock worth $10,447,000 after buying an additional 5,763 shares during the period. Certified Advisory Corp boosted its stake in Vanguard Mega Cap ETF by 26.8% in the 1st quarter. Certified Advisory Corp now owns 12,461 shares of the company’s stock valued at $2,945,000 after buying an additional 2,637 shares in the last quarter. Signal Advisors Wealth LLC acquired a new stake in Vanguard Mega Cap ETF in the 1st quarter valued at $229,000. Finally, Matthew Goff Investment Advisor LLC bought a new stake in Vanguard Mega Cap ETF in the first quarter valued at $2,643,000.

Vanguard Mega Cap ETF Price Performance

Vanguard Mega Cap ETF stock opened at $271.04 on Tuesday. The stock has a fifty day moving average price of $270.15 and a two-hundred day moving average price of $256.14. Vanguard Mega Cap ETF has a 52-week low of $223.50 and a 52-week high of $280.10. The firm has a market capitalization of $9.71 billion, a P/E 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.