1900 Wealth Management LLC Cuts Stake in Vanguard Mega Cap ETF (NYSEARCA:MGC)

1900 Wealth Management LLC cut its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 0.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,563 shares of the company’s stock after selling 97 shares during the quarter. 1900 Wealth Management LLC owned approximately 0.05% of Vanguard Mega Cap ETF worth $3,310,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Marshall Wace LLP acquired a new stake in shares of Vanguard Mega Cap ETF in the second quarter worth approximately $350,000. Future Financial Wealth Managment LLC purchased a new position in Vanguard Mega Cap ETF in the 3rd quarter valued at $41,000. Pinnacle Bancorp Inc. boosted its stake in Vanguard Mega Cap ETF by 1,968.0% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 2,068 shares of the company’s stock worth $427,000 after purchasing an additional 1,968 shares during the last quarter. Colorado Capital Management Inc. grew its holdings in shares of Vanguard Mega Cap ETF by 126.7% during the third quarter. Colorado Capital Management Inc. now owns 23,566 shares of the company’s stock worth $4,870,000 after buying an additional 13,170 shares in the last quarter. Finally, Retirement Planning Group LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the third quarter valued at about $202,000.

Vanguard Mega Cap ETF Trading Up 0.4 %

NYSEARCA:MGC opened at $220.11 on Friday. Vanguard Mega Cap ETF has a twelve month low of $176.49 and a twelve month high of $221.53. The company has a market cap of $6.35 billion, a P/E ratio of 26.93 and a beta of 1.02. The company’s 50-day moving average price is $216.63 and its 200-day moving average price is $208.45.

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.