Vanguard Mega Cap ETF $MGC Shares Sold by Systelligence LLC

Systelligence LLC reduced its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 9.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,917 shares of the company’s stock after selling 4,518 shares during the period. Vanguard Mega Cap ETF makes up about 2.1% of Systelligence LLC’s investment portfolio, making the stock its 21st largest position. Systelligence LLC owned approximately 0.13% of Vanguard Mega Cap ETF worth $10,616,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MGC. National Wealth Management Group LLC boosted its position in shares of Vanguard Mega Cap ETF by 2.6% during the 4th quarter. National Wealth Management Group LLC now owns 1,568 shares of the company’s stock valued at $394,000 after purchasing an additional 40 shares in the last quarter. Brooklyn FI LLC grew its stake in shares of Vanguard Mega Cap ETF by 0.7% in the 4th quarter. Brooklyn FI LLC now owns 6,453 shares of the company’s stock worth $1,621,000 after purchasing an additional 42 shares during the last quarter. Pinnacle Financial Partners Inc. raised its holdings in shares of Vanguard Mega Cap ETF by 1.4% in the 3rd quarter. Pinnacle Financial Partners Inc. now owns 3,089 shares of the company’s stock worth $754,000 after purchasing an additional 42 shares in the last quarter. Keystone Financial Group raised its holdings in shares of Vanguard Mega Cap ETF by 2.8% in the 3rd quarter. Keystone Financial Group now owns 1,666 shares of the company’s stock worth $407,000 after purchasing an additional 46 shares in the last quarter. Finally, Signature Estate & Investment Advisors LLC lifted its stake in Vanguard Mega Cap ETF by 3.0% during the fourth quarter. Signature Estate & Investment Advisors LLC now owns 1,690 shares of the company’s stock valued at $424,000 after purchasing an additional 50 shares during the last quarter.

Vanguard Mega Cap ETF Stock Performance

Shares of NYSEARCA:MGC opened at $266.61 on Friday. The stock has a market capitalization of $9.55 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 1-year low of $222.86 and a 1-year high of $280.10. The company has a 50 day moving average price of $269.86 and a 200 day moving average price of $255.98.

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.