FDx Advisors Inc. Trims Stake in Vanguard Mega Cap ETF (NYSEARCA:MGC)

FDx Advisors Inc. reduced its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 32.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 4,722 shares of the company’s stock after selling 2,231 shares during the period. FDx Advisors Inc.’s holdings in Vanguard Mega Cap ETF were worth $1,004,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Foundations Investment Advisors LLC lifted its holdings in shares of Vanguard Mega Cap ETF by 65.6% in the 3rd quarter. Foundations Investment Advisors LLC now owns 2,241 shares of the company’s stock valued at $463,000 after purchasing an additional 888 shares during the last quarter. Stifel Financial Corp raised its stake in Vanguard Mega Cap ETF by 2.9% during the 3rd quarter. Stifel Financial Corp now owns 7,668 shares of the company’s stock valued at $1,585,000 after acquiring an additional 217 shares during the last quarter. FMR LLC raised its stake in 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 last quarter. Bleakley Financial Group LLC purchased a new stake in Vanguard Mega Cap ETF during the 4th quarter valued at approximately $209,000. Finally, Verus Financial Partners Inc. raised its stake in Vanguard Mega Cap ETF by 0.4% during the 3rd quarter. Verus Financial Partners Inc. now owns 223,343 shares of the company’s stock valued at $45,691,000 after acquiring an additional 822 shares during the last quarter.

Vanguard Mega Cap ETF Stock Down 0.4 %

MGC opened at $221.74 on Friday. The business has a 50 day moving average price of $217.21 and a two-hundred day moving average price of $210.24. The company 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 52 week low of $176.66 and a 52 week high of $222.75.

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.