Vanguard Mega Cap ETF (NYSEARCA:MGC) Shares Sold by Checchi Capital Advisers LLC

Checchi Capital Advisers LLC trimmed its stake in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 30.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,326 shares of the company’s stock after selling 1,903 shares during the quarter. Checchi Capital Advisers LLC’s holdings in Vanguard Mega Cap ETF were worth $920,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the stock. Midwest Capital Advisors LLC acquired a new position in shares of Vanguard Mega Cap ETF in the fourth quarter worth $762,000. Wealthgarden F.S. LLC grew its position in shares of Vanguard Mega Cap ETF by 258.2% in the fourth quarter. Wealthgarden F.S. LLC now owns 3,557 shares of the company’s stock valued at $756,000 after purchasing an additional 2,564 shares during the period. Wealthspire Advisors LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at $207,000. Blackston Financial Advisory Group LLC grew its position in shares of Vanguard Mega Cap ETF by 3.4% in the fourth quarter. Blackston Financial Advisory Group LLC now owns 45,569 shares of the company’s stock valued at $9,691,000 after purchasing an additional 1,518 shares during the period. Finally, Concurrent Investment Advisors LLC grew its position in shares of Vanguard Mega Cap ETF by 92.8% in the fourth quarter. Concurrent Investment Advisors LLC now owns 5,573 shares of the company’s stock valued at $1,185,000 after purchasing an additional 2,683 shares during the period.

Vanguard Mega Cap ETF Stock Up 0.1 %

Shares of NYSEARCA:MGC opened at $215.44 on Thursday. The company has a market cap of $6.62 billion, a P/E ratio of 27.81 and a beta of 1.01. Vanguard Mega Cap ETF has a 52 week low of $176.66 and a 52 week high of $222.75. The business has a fifty day simple moving average of $217.09 and a 200-day simple moving average of $211.17.

Vanguard Mega Cap ETF Company 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.