Verus Financial Partners Inc. lowered its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC – Free Report) by 2.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 201,637 shares of the company’s stock after selling 4,246 shares during the quarter. Vanguard Mega Cap ETF accounts for approximately 4.7% of Verus Financial Partners Inc.’s portfolio, making the stock its 6th biggest position. Verus Financial Partners Inc.’s holdings in Vanguard Mega Cap ETF were worth $51,163,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in MGC. Collier Financial bought a new stake in Vanguard Mega Cap ETF in the 3rd quarter valued at about $37,000. Blue Trust Inc. acquired a new position in Vanguard Mega Cap ETF during the 4th quarter worth approximately $48,000. Howe & Rusling Inc. bought a new position in Vanguard Mega Cap ETF in the third quarter worth approximately $60,000. Bfsg LLC grew its stake in Vanguard Mega Cap ETF by 1,165.0% in the third quarter. Bfsg LLC now owns 253 shares of the company’s stock valued at $62,000 after acquiring an additional 233 shares during the period. Finally, GGM Financials LLC acquired a new stake in Vanguard Mega Cap ETF in the third quarter valued at approximately $77,000.
Vanguard Mega Cap ETF Stock Up 0.8%
NYSEARCA MGC opened at $262.72 on Friday. Vanguard Mega Cap ETF has a 52 week low of $200.84 and a 52 week high of $263.17. The business has a 50 day moving average price of $247.39 and a 200-day moving average price of $249.27. The company has a market cap of $9.41 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01.
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.
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