Fortis Group Advisors LLC Sells 2,064 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Fortis Group Advisors LLC reduced its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 51.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,922 shares of the company’s stock after selling 2,064 shares during the quarter. Fortis Group Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $409,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Leavell Investment Management Inc. raised its position in shares of Vanguard Mega Cap ETF by 3.3% during the fourth quarter. Leavell Investment Management Inc. now owns 470,036 shares of the company’s stock valued at $99,958,000 after buying an additional 15,008 shares during the last quarter. Truist Financial Corp increased its stake in Vanguard Mega Cap ETF by 5.0% during the fourth quarter. Truist Financial Corp now owns 228,744 shares of the company’s stock valued at $48,645,000 after acquiring an additional 10,881 shares during the period. Summit Wealth & Retirement Planning Inc. raised its holdings in Vanguard Mega Cap ETF by 20.8% in the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 223,935 shares of the company’s stock valued at $47,622,000 after acquiring an additional 38,563 shares in the last quarter. Verus Financial Partners Inc. lifted its position in shares of Vanguard Mega Cap ETF by 0.4% in the 3rd quarter. Verus Financial Partners Inc. now owns 223,343 shares of the company’s stock worth $45,691,000 after acquiring an additional 822 shares during the period. Finally, Captrust Financial Advisors grew its holdings in shares of Vanguard Mega Cap ETF by 98.4% during the 3rd quarter. Captrust Financial Advisors now owns 197,628 shares of the company’s stock worth $40,838,000 after purchasing an additional 97,999 shares in the last quarter.

Vanguard Mega Cap ETF Trading Up 0.0 %

MGC opened at $221.78 on Tuesday. The stock’s 50 day simple moving average is $217.01 and its 200-day simple moving average is $209.85. The stock has a market cap of $6.39 billion, a PE ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 1 year low of $176.66 and a 1 year high of $222.01.

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.