Lido Advisors LLC Sells 2,341 Shares of Vanguard Mega Cap ETF $MGC

Lido Advisors LLC lowered its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 23.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,458 shares of the company’s stock after selling 2,341 shares during the quarter. Lido Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $1,866,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in MGC. Blue Trust Inc. bought a new stake in Vanguard Mega Cap ETF during the fourth quarter worth approximately $48,000. GGM Financials LLC bought a new stake in Vanguard Mega Cap ETF during the third quarter worth approximately $77,000. Entrust Financial LLC bought a new stake in Vanguard Mega Cap ETF during the fourth quarter worth approximately $102,000. Sound Income Strategies LLC boosted its position in Vanguard Mega Cap ETF by 816.0% during the fourth quarter. Sound Income Strategies LLC now owns 458 shares of the company’s stock worth $116,000 after purchasing an additional 408 shares during the period. Finally, FNY Investment Advisers LLC bought a new stake in Vanguard Mega Cap ETF during the third quarter worth approximately $122,000.

Vanguard Mega Cap ETF Stock Up 0.4%

Shares of Vanguard Mega Cap ETF stock opened at $271.67 on Tuesday. The stock has a market capitalization of $9.73 billion, a P/E ratio of 26.06 and a beta of 1.01. The stock has a 50 day moving average price of $261.71 and a two-hundred day moving average price of $253.81. Vanguard Mega Cap ETF has a 12-month low of $215.45 and a 12-month high of $280.10.

About Vanguard Mega Cap ETF

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.