Certified Advisory Corp Trims Stock Position in Vanguard Mega Cap ETF (NYSEARCA:MGC)

Certified Advisory Corp lessened its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 2.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,955 shares of the company’s stock after selling 201 shares during the period. Certified Advisory Corp’s holdings in Vanguard Mega Cap ETF were worth $1,850,000 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. PFG Private Wealth Management LLC purchased a new position in shares of Vanguard Mega Cap ETF during the second quarter worth $31,000. Ashton Thomas Securities LLC purchased a new position in Vanguard Mega Cap ETF in the third quarter valued at $33,000. Hershey Financial Advisers LLC purchased a new position in Vanguard Mega Cap ETF in the second quarter valued at $36,000. Future Financial Wealth Managment LLC purchased a new position in Vanguard Mega Cap ETF in the third quarter valued at $41,000. Finally, International Assets Investment Management LLC purchased a new position in Vanguard Mega Cap ETF in the second quarter valued at $71,000.

Vanguard Mega Cap ETF Stock Performance

MGC opened at $214.00 on Friday. Vanguard Mega Cap ETF has a fifty-two week low of $161.92 and a fifty-two week high of $216.39. The company has a fifty day moving average of $208.45 and a two-hundred day moving average of $200.15. The stock has a market capitalization of $6.17 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02.

About Vanguard Mega Cap ETF

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.