Buttonwood Financial Group LLC Sells 3,866 Shares of Vanguard Mega Cap ETF $MGC

Buttonwood Financial Group LLC reduced its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 19.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,800 shares of the company’s stock after selling 3,866 shares during the period. Vanguard Mega Cap ETF accounts for about 2.1% of Buttonwood Financial Group LLC’s investment portfolio, making the stock its 12th largest holding. Buttonwood Financial Group LLC’s holdings in Vanguard Mega Cap ETF were worth $4,024,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. National Wealth Management Group LLC increased its stake in shares of Vanguard Mega Cap ETF by 2.6% during the fourth quarter. National Wealth Management Group LLC now owns 1,568 shares of the company’s stock valued at $394,000 after purchasing an additional 40 shares in the last quarter. Pinnacle Financial Partners Inc. boosted its position in shares of Vanguard Mega Cap ETF by 1.4% in the 3rd quarter. Pinnacle Financial Partners Inc. now owns 3,089 shares of the company’s stock worth $754,000 after purchasing an additional 42 shares in the last quarter. Keystone Financial Group grew its stake in shares of Vanguard Mega Cap ETF by 2.8% in the 3rd quarter. Keystone Financial Group now owns 1,666 shares of the company’s stock worth $407,000 after buying an additional 46 shares during the last quarter. Savant Capital LLC grew its stake in shares of Vanguard Mega Cap ETF by 0.4% in the 3rd quarter. Savant Capital LLC now owns 12,410 shares of the company’s stock worth $3,029,000 after buying an additional 51 shares during the last quarter. Finally, Larson Financial Group LLC increased its position in Vanguard Mega Cap ETF by 8.1% during the 3rd quarter. Larson Financial Group LLC now owns 677 shares of the company’s stock valued at $165,000 after buying an additional 51 shares in the last quarter.

Vanguard Mega Cap ETF Trading Down 1.8%

Shares of NYSEARCA:MGC opened at $235.03 on Friday. The stock has a fifty day simple moving average of $248.17 and a two-hundred day simple moving average of $248.05. The stock has a market capitalization of $9.22 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 12-month low of $173.32 and a 12-month high of $255.75.

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.