MAI Capital Management Sells 452 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

MAI Capital Management lowered its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 13.7% during the third quarter, HoldingsChannel reports. The fund owned 2,841 shares of the company’s stock after selling 452 shares during the quarter. MAI Capital Management’s holdings in Vanguard Mega Cap ETF were worth $587,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of MGC. Diversify Advisory Services LLC lifted its position in shares of Vanguard Mega Cap ETF by 3.2% in the 3rd quarter. Diversify Advisory Services LLC now owns 1,880 shares of the company’s stock worth $396,000 after acquiring an additional 58 shares during the period. Larson Financial Group LLC lifted its position in Vanguard Mega Cap ETF by 18.3% in the second quarter. Larson Financial Group LLC now owns 421 shares of the company’s stock worth $83,000 after purchasing an additional 65 shares during the period. Certified Advisory Corp increased its holdings in Vanguard Mega Cap ETF by 0.8% in the 2nd quarter. Certified Advisory Corp now owns 9,156 shares of the company’s stock valued at $1,806,000 after buying an additional 73 shares during the period. Nations Financial Group Inc. IA ADV raised its stake in shares of Vanguard Mega Cap ETF by 0.8% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 9,382 shares of the company’s stock valued at $1,939,000 after buying an additional 76 shares in the last quarter. Finally, PDS Planning Inc lifted its holdings in shares of Vanguard Mega Cap ETF by 5.5% during the 3rd quarter. PDS Planning Inc now owns 1,504 shares of the company’s stock worth $311,000 after acquiring an additional 78 shares during the period.

Vanguard Mega Cap ETF Stock Up 0.2 %

NYSEARCA MGC opened at $214.00 on Friday. Vanguard Mega Cap ETF has a twelve month low of $161.92 and a twelve month high of $216.39. The stock has a market cap of $6.17 billion, a P/E ratio of 26.93 and a beta of 1.02. The company’s 50-day simple moving average is $208.45 and its 200 day simple moving average is $200.15.

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.