Vanguard Mega Cap ETF (NYSEARCA:MGC) Shares Sold by FORVIS Wealth Advisors LLC

FORVIS Wealth Advisors LLC cut its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 310,579 shares of the company’s stock after selling 2,981 shares during the quarter. Vanguard Mega Cap ETF makes up approximately 1.5% of FORVIS Wealth Advisors LLC’s portfolio, making the stock its 13th largest holding. FORVIS Wealth Advisors LLC owned 1.08% of Vanguard Mega Cap ETF worth $58,038,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Nations Financial Group Inc. IA ADV boosted its stake in shares of Vanguard Mega Cap ETF by 0.7% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 9,541 shares of the company’s stock valued at $1,615,000 after acquiring an additional 62 shares during the last quarter. Compass Ion Advisors LLC grew its holdings in shares of Vanguard Mega Cap ETF by 3.6% during the fourth quarter. Compass Ion Advisors LLC now owns 1,812 shares of the company’s stock worth $307,000 after buying an additional 63 shares in the last quarter. Fisher Asset Management LLC raised its position in shares of Vanguard Mega Cap ETF by 4.2% in the fourth quarter. Fisher Asset Management LLC now owns 1,595 shares of the company’s stock valued at $270,000 after buying an additional 65 shares during the last quarter. LongView Wealth Management lifted its stake in shares of Vanguard Mega Cap ETF by 1.2% during the first quarter. LongView Wealth Management now owns 6,506 shares of the company’s stock valued at $1,216,000 after buying an additional 78 shares during the period. Finally, Institute for Wealth Management LLC. lifted its stake in shares of Vanguard Mega Cap ETF by 4.3% during the fourth quarter. Institute for Wealth Management LLC. now owns 2,043 shares of the company’s stock valued at $346,000 after buying an additional 84 shares during the period.

Vanguard Mega Cap ETF Price Performance

MGC stock traded up $0.89 during midday trading on Thursday, hitting $200.51. The stock had a trading volume of 39,747 shares, compared to its average volume of 80,180. The company’s 50-day moving average price is $191.35 and its 200 day moving average price is $182.73. The firm has a market cap of $5.78 billion, a PE ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 12-month low of $145.94 and a 12-month high of $200.67.

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.