Vanguard Mega Cap ETF $MGC Shares Sold by Physician Wealth Advisors Inc.

Physician Wealth Advisors Inc. cut its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 92.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 3,586 shares of the company’s stock after selling 41,185 shares during the period. Physician Wealth Advisors Inc.’s holdings in Vanguard Mega Cap ETF were worth $1,012,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in MGC. Mason & Associates LLC raised its position in Vanguard Mega Cap ETF by 98.9% during the third quarter. Mason & Associates LLC now owns 3,528 shares of the company’s stock valued at $996,000 after purchasing an additional 1,754 shares during the period. Teamwork Financial Advisors LLC purchased a new position in shares of Vanguard Mega Cap ETF in the 3rd quarter worth approximately $311,000. IFP Advisors Inc boosted its holdings in shares of Vanguard Mega Cap ETF by 0.9% in the 3rd quarter. IFP Advisors Inc now owns 7,593 shares of the company’s stock worth $2,144,000 after purchasing an additional 68 shares during the period. Eagle Strategies LLC boosted its holdings in shares of Vanguard Mega Cap ETF by 3.5% in the 3rd quarter. Eagle Strategies LLC now owns 9,033 shares of the company’s stock worth $2,550,000 after purchasing an additional 306 shares during the period. Finally, TD Waterhouse Canada Inc. boosted its holdings in shares of Vanguard Mega Cap ETF by 62.7% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 651 shares of the company’s stock worth $184,000 after purchasing an additional 251 shares during the period.

Vanguard Mega Cap ETF Stock Up 0.1%

Shares of MGC opened at $283.14 on Wednesday. The company has a market cap of $10.31 billion, a PE ratio of 26.06 and a beta of 1.01. The business has a fifty day moving average of $282.93 and a 200 day moving average of $273.86. Vanguard Mega Cap ETF has a 52-week low of $228.37 and a 52-week high of $289.10.

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.