Apella Capital LLC Sells 47,562 Shares of Vanguard Mega Cap ETF $MGC

Apella Capital LLC reduced its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 16.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 241,091 shares of the company’s stock after selling 47,562 shares during the quarter. Vanguard Mega Cap ETF comprises 1.2% of Apella Capital LLC’s holdings, making the stock its 17th biggest position. Apella Capital LLC owned 0.61% of Vanguard Mega Cap ETF worth $60,555,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Orion Porfolio Solutions LLC increased its stake in shares of Vanguard Mega Cap ETF by 577.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 1,045,381 shares of the company’s stock valued at $235,127,000 after acquiring an additional 891,030 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Mega Cap ETF by 99.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,720,955 shares of the company’s stock valued at $420,068,000 after acquiring an additional 857,073 shares during the last quarter. Vantagepoint Investment Advisers LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter valued at about $161,189,000. Procyon Advisors LLC bought a new stake in shares of Vanguard Mega Cap ETF in the 3rd quarter valued at about $111,919,000. Finally, JPMorgan Chase & Co. increased its stake in shares of Vanguard Mega Cap ETF by 67.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 455,404 shares of the company’s stock valued at $111,160,000 after acquiring an additional 182,729 shares during the last quarter.

Vanguard Mega Cap ETF Price Performance

Shares of MGC stock opened at $239.39 on Tuesday. The stock has a market cap of $9.03 billion, a PE ratio of 26.06 and a beta of 1.01. The stock has a 50-day moving average of $245.93 and a 200-day moving average of $247.94. Vanguard Mega Cap ETF has a one year low of $173.32 and a one year high of $255.75.

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.