Vanguard Mega Cap ETF (NYSEARCA:MGC) Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC reduced its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 39.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,415 shares of the company’s stock after selling 1,588 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Mega Cap ETF were worth $409,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Stratos Wealth Partners LTD. lifted its holdings in Vanguard Mega Cap ETF by 19.3% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 3,008 shares of the company’s stock worth $457,000 after buying an additional 487 shares in the last quarter. Capital Advisors Ltd. LLC lifted its holdings in Vanguard Mega Cap ETF by 22.3% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 1,473 shares of the company’s stock worth $224,000 after buying an additional 269 shares in the last quarter. Financial Advocates Investment Management lifted its holdings in Vanguard Mega Cap ETF by 44.2% during the 3rd quarter. Financial Advocates Investment Management now owns 1,870 shares of the company’s stock worth $284,000 after buying an additional 573 shares in the last quarter. Gray Wealth Management Inc. lifted its holdings in Vanguard Mega Cap ETF by 1.7% during the 3rd quarter. Gray Wealth Management Inc. now owns 38,675 shares of the company’s stock worth $5,874,000 after buying an additional 639 shares in the last quarter. Finally, Bordeaux Wealth Advisors LLC acquired a new stake in Vanguard Mega Cap ETF during the 3rd quarter worth approximately $253,000.

Vanguard Mega Cap ETF Stock Up 0.1 %

Vanguard Mega Cap ETF stock opened at $185.36 on Wednesday. The firm has a market cap of $5.34 billion, a PE ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 52-week low of $143.98 and a 52-week high of $187.68. The company’s 50 day moving average is $183.43 and its two-hundred day moving average is $172.99.

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.