Vanguard Mega Cap ETF (NYSEARCA:MGC) Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC reduced its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 30.9% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,047 shares of the company’s stock after selling 469 shares during the quarter. AE Wealth Management LLC’s holdings in Vanguard Mega Cap ETF were worth $211,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of MGC. POM Investment Strategies LLC purchased a new stake in Vanguard Mega Cap ETF during the 1st quarter valued at approximately $52,000. Golden State Wealth Management LLC increased its holdings in shares of Vanguard Mega Cap ETF by 137.0% in the first quarter. Golden State Wealth Management LLC now owns 320 shares of the company’s stock valued at $64,000 after purchasing an additional 185 shares during the period. Glen Eagle Advisors LLC raised its stake in shares of Vanguard Mega Cap ETF by 68.4% during the fourth quarter. Glen Eagle Advisors LLC now owns 426 shares of the company’s stock worth $91,000 after purchasing an additional 173 shares during the last quarter. Capital Investment Advisory Services LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the first quarter worth $90,000. Finally, Larson Financial Group LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 31.8% during the first quarter. Larson Financial Group LLC now owns 626 shares of the company’s stock worth $126,000 after purchasing an additional 151 shares during the period.

Vanguard Mega Cap ETF Stock Performance

Shares of MGC opened at $226.32 on Friday. The stock has a market capitalization of $7.37 billion, a P/E ratio of 26.06 and a beta of 1.00. Vanguard Mega Cap ETF has a 1 year low of $173.32 and a 1 year high of $233.51. The company’s fifty day moving average is $222.61 and its two-hundred day moving average is $212.49.

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.