TrueWealth Advisors LLC Cuts Stake in Vanguard Mega Cap ETF (NYSEARCA:MGC)

TrueWealth Advisors LLC trimmed its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 3.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,064 shares of the company’s stock after selling 181 shares during the quarter. TrueWealth Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $1,077,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in MGC. Foundations Investment Advisors LLC boosted its position in shares of Vanguard Mega Cap ETF by 65.6% during the 3rd quarter. Foundations Investment Advisors LLC now owns 2,241 shares of the company’s stock worth $463,000 after purchasing an additional 888 shares in the last quarter. Stifel Financial Corp increased its holdings in Vanguard Mega Cap ETF by 2.9% in the third quarter. Stifel Financial Corp now owns 7,668 shares of the company’s stock valued at $1,585,000 after buying an additional 217 shares in the last quarter. FMR LLC lifted its position in shares of Vanguard Mega Cap ETF by 3.5% during the 3rd quarter. FMR LLC now owns 22,727 shares of the company’s stock valued at $4,696,000 after acquiring an additional 764 shares during the period. Vanguard Personalized Indexing Management LLC acquired a new stake in shares of Vanguard Mega Cap ETF during the 2nd quarter valued at approximately $458,000. Finally, Apella Capital LLC boosted its stake in shares of Vanguard Mega Cap ETF by 14.8% during the 3rd quarter. Apella Capital LLC now owns 441,217 shares of the company’s stock worth $90,220,000 after acquiring an additional 56,991 shares in the last quarter.

Vanguard Mega Cap ETF Price Performance

NYSEARCA MGC opened at $216.45 on Friday. The business has a 50 day moving average price of $215.40 and a 200 day moving average price of $206.87. The company has a market capitalization of $6.24 billion, a P/E ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 1-year low of $169.24 and a 1-year high of $220.49.

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.