Vanguard Mega Cap ETF (NYSEARCA:MGC) Shares Sold by PFG Advisors

PFG Advisors lowered its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 53.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,241 shares of the company’s stock after selling 1,451 shares during the period. PFG Advisors’ holdings in Vanguard Mega Cap ETF were worth $264,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in MGC. Golden State Wealth Management LLC acquired a new position in shares of Vanguard Mega Cap ETF in the 4th quarter worth approximately $29,000. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard Mega Cap ETF in the fourth quarter worth approximately $30,000. SBI Securities Co. Ltd. purchased a new position in shares of Vanguard Mega Cap ETF in the fourth quarter worth approximately $31,000. Key Financial Inc purchased a new position in shares of Vanguard Mega Cap ETF in the fourth quarter worth approximately $40,000. Finally, Tsfg LLC purchased a new position in shares of Vanguard Mega Cap ETF in the fourth quarter worth approximately $42,000.

Vanguard Mega Cap ETF Price Performance

Vanguard Mega Cap ETF stock opened at $203.45 on Friday. The firm’s 50 day simple moving average is $215.07 and its 200-day simple moving average is $211.76. The company has a market cap of $6.26 billion, a P/E ratio of 26.29 and a beta of 1.01. Vanguard Mega Cap ETF has a fifty-two week low of $176.66 and a fifty-two week high of $222.75.

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.