Flagship Wealth Advisors LLC Sells 6,518 Shares of Vanguard Mega Cap ETF $MGC

Flagship Wealth Advisors LLC lowered its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 24.7% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,884 shares of the company’s stock after selling 6,518 shares during the quarter. Vanguard Mega Cap ETF comprises 1.8% of Flagship Wealth Advisors LLC’s holdings, making the stock its 15th biggest position. Flagship Wealth Advisors LLC owned 0.06% of Vanguard Mega Cap ETF worth $4,472,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. International Assets Investment Management LLC acquired a new position in shares of Vanguard Mega Cap ETF in the first quarter valued at about $27,000. Winch Advisory Services LLC acquired a new stake in Vanguard Mega Cap ETF in the 1st quarter worth about $34,000. Blue Trust Inc. acquired a new stake in Vanguard Mega Cap ETF in the 4th quarter worth about $48,000. Garton & Associates Financial Advisors LLC bought a new stake in Vanguard Mega Cap ETF in the 4th quarter valued at about $48,000. Finally, SHP Wealth Management bought a new stake in Vanguard Mega Cap ETF in the 4th quarter valued at about $68,000.

Vanguard Mega Cap ETF Stock Up 0.9%

Shares of NYSEARCA:MGC opened at $273.05 on Friday. Vanguard Mega Cap ETF has a 12-month low of $225.44 and a 12-month high of $280.10. The company’s 50 day moving average price is $273.13 and its two-hundred day moving average price is $259.62. The firm has a market cap of $9.99 billion, a PE ratio of 26.06 and a beta of 1.01.

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.