AE Wealth Management LLC Trims Holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC)

AE Wealth Management LLC lessened its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGCFree Report) by 24.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,021 shares of the company’s stock after selling 7,104 shares during the period. AE Wealth Management LLC owned approximately 0.08% of Vanguard Mega Cap ETF worth $3,445,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in MGC. Bank of Montreal Can purchased a new position in Vanguard Mega Cap ETF during the first quarter valued at approximately $49,000. Raymond James Trust N.A. purchased a new position in Vanguard Mega Cap ETF during the first quarter valued at approximately $226,000. Synovus Financial Corp raised its position in Vanguard Mega Cap ETF by 5.1% during the first quarter. Synovus Financial Corp now owns 3,077 shares of the company’s stock valued at $491,000 after acquiring an additional 150 shares in the last quarter. Blair William & Co. IL raised its position in Vanguard Mega Cap ETF by 47.2% during the first quarter. Blair William & Co. IL now owns 2,792 shares of the company’s stock valued at $444,000 after acquiring an additional 895 shares in the last quarter. Finally, Cetera Investment Advisers increased its holdings in Vanguard Mega Cap ETF by 17.3% in the first quarter. Cetera Investment Advisers now owns 5,918 shares of the company’s stock valued at $941,000 after buying an additional 871 shares in the last quarter.

Vanguard Mega Cap ETF Stock Performance

MGC opened at $153.26 on Friday. Vanguard Mega Cap ETF has a fifty-two week low of $121.30 and a fifty-two week high of $162.29. The company has a fifty day moving average of $158.38 and a two-hundred day moving average of $150.68. The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of 20.60 and a beta of 1.00.

Vanguard Mega Cap ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Vanguard Mega Cap ETF (NYSEARCA:MGC)

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