MWA Asset Management Sells 50 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

MWA Asset Management decreased its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,530 shares of the company’s stock after selling 50 shares during the period. MWA Asset Management’s holdings in Vanguard Mega Cap ETF were worth $325,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new position in Vanguard Mega Cap ETF during the 4th quarter valued at about $29,000. Silver Oak Securities Incorporated bought a new position in shares of Vanguard Mega Cap ETF during the fourth quarter valued at approximately $192,000. Bleakley Financial Group LLC purchased a new position in Vanguard Mega Cap ETF during the fourth quarter valued at approximately $209,000. Onyx Bridge Wealth Group LLC purchased a new position in Vanguard Mega Cap ETF during the fourth quarter valued at approximately $203,000. Finally, Berkshire Money Management Inc. raised its stake in Vanguard Mega Cap ETF by 0.7% in the fourth quarter. Berkshire Money Management Inc. now owns 49,391 shares of the company’s stock worth $10,503,000 after buying an additional 363 shares in the last quarter.

Vanguard Mega Cap ETF Trading Down 1.0 %

Shares of NYSEARCA MGC opened at $217.86 on Friday. Vanguard Mega Cap ETF has a 12-month low of $176.49 and a 12-month high of $221.53. The stock’s fifty day simple moving average is $216.73 and its two-hundred day simple moving average is $208.53. The stock has a market capitalization of $6.28 billion, a PE ratio of 26.93 and a beta of 1.02.

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.