Vanguard Mega Cap ETF (NYSEARCA:MGC) Shares Sold by Zega Financial LLC

Zega Financial LLC reduced its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 5.8% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,222 shares of the company’s stock after selling 75 shares during the quarter. Zega Financial LLC’s holdings in Vanguard Mega Cap ETF were worth $241,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in MGC. PFG Private Wealth Management LLC purchased a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at $31,000. Voisard Asset Management Group Inc. acquired a new position in Vanguard Mega Cap ETF in the fourth quarter valued at $30,000. Future Financial Wealth Managment LLC purchased a new stake in Vanguard Mega Cap ETF during the first quarter valued at about $37,000. Acima Private Wealth LLC acquired a new stake in Vanguard Mega Cap ETF during the fourth quarter worth about $40,000. Finally, Principal Securities Inc. purchased a new position in shares of Vanguard Mega Cap ETF in the 4th quarter worth about $55,000.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA:MGC opened at $202.51 on Wednesday. The stock has a 50-day simple moving average of $198.38 and a 200-day simple moving average of $191.97. The stock has a market capitalization of $5.84 billion, a P/E ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 1 year low of $145.94 and a 1 year high of $204.72.

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.