MA Private Wealth Sells 2,065 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

MA Private Wealth reduced its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 2.8% during the third quarter, Holdings Channel.com reports. The firm owned 70,755 shares of the company’s stock after selling 2,065 shares during the period. Vanguard Mega Cap ETF accounts for about 2.7% of MA Private Wealth’s portfolio, making the stock its 11th largest position. MA Private Wealth’s holdings in Vanguard Mega Cap ETF were worth $14,621,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Personalized Indexing Management LLC bought a new stake in Vanguard Mega Cap ETF during the 2nd quarter valued at $458,000. Zhang Financial LLC increased its holdings in Vanguard Mega Cap ETF by 5.7% during the 2nd quarter. Zhang Financial LLC now owns 24,734 shares of the company’s stock valued at $4,880,000 after purchasing an additional 1,342 shares during the period. Brookstone Capital Management raised its position in Vanguard Mega Cap ETF by 25.4% during the 2nd quarter. Brookstone Capital Management now owns 1,689 shares of the company’s stock valued at $340,000 after purchasing an additional 342 shares during the last quarter. One Capital Management LLC lifted its holdings in Vanguard Mega Cap ETF by 6.8% in the 2nd quarter. One Capital Management LLC now owns 176,088 shares of the company’s stock worth $34,740,000 after buying an additional 11,181 shares during the period. Finally, Apella Capital LLC grew its position in shares of Vanguard Mega Cap ETF by 14.8% in the 3rd quarter. Apella Capital LLC now owns 441,217 shares of the company’s stock worth $90,220,000 after buying an additional 56,991 shares during the last quarter.

Vanguard Mega Cap ETF Stock Up 0.6 %

Shares of MGC traded up $1.23 during mid-day trading on Friday, hitting $210.15. 3,931 shares of the company’s stock traded hands, compared to its average volume of 78,326. The business’s 50-day moving average price is $204.07 and its 200-day moving average price is $196.00. Vanguard Mega Cap ETF has a 1 year low of $145.94 and a 1 year high of $210.83. The firm has a market capitalization of $6.06 billion, a P/E ratio of 26.93 and a beta of 1.02.

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.