Vanguard Mega Cap ETF $MGC Shares Sold by RFG Advisory LLC

RFG Advisory LLC trimmed its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 59.4% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 3,679 shares of the company’s stock after selling 5,374 shares during the period. RFG Advisory LLC’s holdings in Vanguard Mega Cap ETF were worth $898,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MGC. BAM Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter valued at approximately $806,000. Elevation Capital Advisory LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the second quarter worth $6,011,000. Beacon Financial Group grew its position in Vanguard Mega Cap ETF by 102.1% in the 3rd quarter. Beacon Financial Group now owns 56,875 shares of the company’s stock valued at $13,883,000 after buying an additional 28,738 shares during the last quarter. Commonwealth Equity Services LLC grew its position in Vanguard Mega Cap ETF by 8.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 210,501 shares of the company’s stock valued at $51,381,000 after buying an additional 16,074 shares during the last quarter. Finally, AlphaCore Capital LLC increased its stake in Vanguard Mega Cap ETF by 622.9% in the 2nd quarter. AlphaCore Capital LLC now owns 77,739 shares of the company’s stock valued at $17,528,000 after buying an additional 66,985 shares during the period.

Vanguard Mega Cap ETF Stock Performance

MGC stock opened at $248.23 on Friday. The stock has a market capitalization of $9.74 billion, a PE ratio of 26.06 and a beta of 1.01. The company has a fifty day moving average of $252.20 and a 200-day moving average of $245.48. 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.