Envestnet Asset Management Inc. Sells 27,327 Shares of Vanguard Mega Cap ETF $MGC

Envestnet Asset Management Inc. lowered its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 0.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,369,826 shares of the company’s stock after selling 27,327 shares during the quarter. Envestnet Asset Management Inc. owned 0.09% of Vanguard Mega Cap ETF worth $922,086,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. McClarren Financial Advisors Inc. boosted its stake in shares of Vanguard Mega Cap ETF by 55.6% during the first quarter. McClarren Financial Advisors Inc. now owns 16,133 shares of the company’s stock valued at $3,813,000 after purchasing an additional 5,767 shares during the period. Orser Capital Management LLC purchased a new position in Vanguard Mega Cap ETF in the 2nd quarter worth about $1,126,000. Rockefeller Capital Management L.P. increased its stake in Vanguard Mega Cap ETF by 20.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 151,253 shares of the company’s stock worth $37,990,000 after buying an additional 25,550 shares during the period. Independent Financial Group LLC bought a new stake in Vanguard Mega Cap ETF during the 1st quarter valued at about $742,000. Finally, Claro Advisors Inc. lifted its holdings in Vanguard Mega Cap ETF by 14.0% during the 4th quarter. Claro Advisors Inc. now owns 45,428 shares of the company’s stock valued at $11,410,000 after buying an additional 5,579 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

Vanguard Mega Cap ETF stock traded down $2.24 during trading hours on Wednesday, hitting $284.57. The company had a trading volume of 67,839 shares, compared to its average volume of 123,490. The firm has a market cap of $10.45 billion, a P/E ratio of 26.06 and a beta of 1.02. The company has a 50-day moving average price of $279.05 and a two-hundred day moving average price of $267.61. Vanguard Mega Cap ETF has a 1 year low of $228.37 and a 1 year high of $287.52.

Vanguard Mega Cap ETF Company 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.