Park Avenue Securities LLC Has $2.99 Million Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Park Avenue Securities LLC cut its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 0.9% in the second quarter, HoldingsChannel reports. The fund owned 15,160 shares of the company’s stock after selling 144 shares during the quarter. Park Avenue Securities LLC’s holdings in Vanguard Mega Cap ETF were worth $2,991,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Baker Ellis Asset Management LLC raised its stake in shares of Vanguard Mega Cap ETF by 23.0% during the 2nd quarter. Baker Ellis Asset Management LLC now owns 38,295 shares of the company’s stock worth $7,555,000 after purchasing an additional 7,165 shares in the last quarter. Mather Group LLC. raised its stake in shares of Vanguard Mega Cap ETF by 3.9% during the 2nd quarter. Mather Group LLC. now owns 6,994 shares of the company’s stock worth $1,307,000 after purchasing an additional 263 shares in the last quarter. Cape Investment Advisory Inc. purchased a new stake in shares of Vanguard Mega Cap ETF during the 1st quarter worth about $97,000. Jackson Wealth Management LLC raised its stake in shares of Vanguard Mega Cap ETF by 1.0% during the 1st quarter. Jackson Wealth Management LLC now owns 18,715 shares of the company’s stock worth $3,497,000 after purchasing an additional 187 shares in the last quarter. Finally, Cetera Advisors LLC raised its stake in shares of Vanguard Mega Cap ETF by 88.1% during the 1st quarter. Cetera Advisors LLC now owns 7,899 shares of the company’s stock worth $1,476,000 after purchasing an additional 3,699 shares in the last quarter.

Vanguard Mega Cap ETF Stock Up 1.3 %

Shares of MGC traded up $2.37 during midday trading on Thursday, reaching $188.79. 8,859 shares of the stock were exchanged, compared to its average volume of 80,708. Vanguard Mega Cap ETF has a 12-month low of $145.94 and a 12-month high of $204.72. The firm has a 50 day simple moving average of $196.68 and a 200-day simple moving average of $187.62. The company has a market cap of $5.44 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02.

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.