McClarren Financial Advisors Inc. Purchases 5,767 Shares of Vanguard Mega Cap ETF $MGC

McClarren Financial Advisors Inc. increased its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 55.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,133 shares of the company’s stock after buying an additional 5,767 shares during the quarter. Vanguard Mega Cap ETF accounts for approximately 2.3% of McClarren Financial Advisors Inc.’s investment portfolio, making the stock its 14th largest position. McClarren Financial Advisors Inc.’s holdings in Vanguard Mega Cap ETF were worth $3,813,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Orion Porfolio Solutions LLC raised its holdings in 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 buying an additional 891,030 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Vanguard Mega Cap ETF by 67.0% during the third quarter. JPMorgan Chase & Co. now owns 455,404 shares of the company’s stock valued at $111,160,000 after acquiring an additional 182,729 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of Vanguard Mega Cap ETF by 31.8% during the second quarter. Raymond James Financial Inc. now owns 401,214 shares of the company’s stock valued at $90,241,000 after acquiring an additional 96,754 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Vanguard Mega Cap ETF by 547.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 101,025 shares of the company’s stock worth $25,374,000 after purchasing an additional 85,413 shares during the period. Finally, Win Advisors Inc. acquired a new stake in Vanguard Mega Cap ETF in the fourth quarter valued at $21,008,000.

Vanguard Mega Cap ETF Price Performance

Shares of NYSEARCA:MGC opened at $274.85 on Friday. The firm has a market cap of $9.84 billion, a P/E ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 12-month low of $215.45 and a 12-month high of $280.10. The business has a fifty day simple moving average of $268.03 and a 200 day simple moving average of $255.37.

Vanguard Mega Cap ETF 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.