LongView Wealth Management Sells 179 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

LongView Wealth Management decreased its stake in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 2.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 6,687 shares of the company’s stock after selling 179 shares during the period. LongView Wealth Management’s holdings in Vanguard Mega Cap ETF were worth $1,422,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of MGC. Leavell Investment Management Inc. grew its position in shares of Vanguard Mega Cap ETF by 5.7% during the third quarter. Leavell Investment Management Inc. now owns 455,028 shares of the company’s stock valued at $94,027,000 after purchasing an additional 24,393 shares in the last quarter. Apella Capital LLC raised its holdings in Vanguard Mega Cap ETF by 14.8% during the 3rd quarter. Apella Capital LLC now owns 441,217 shares of the company’s stock valued at $90,220,000 after buying an additional 56,991 shares during the period. Verus Financial Partners Inc. boosted its stake in shares of 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 worth $45,691,000 after purchasing an additional 822 shares during the period. Captrust Financial Advisors lifted its stake in Vanguard Mega Cap ETF by 98.4% in the third 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 during the last quarter. Finally, Mesirow Financial Investment Management Inc. boosted its position in shares of Vanguard Mega Cap ETF by 101.0% during the third quarter. Mesirow Financial Investment Management Inc. now owns 196,948 shares of the company’s stock valued at $40,698,000 after buying an additional 98,974 shares during the period.

Vanguard Mega Cap ETF Stock Performance

MGC opened at $216.45 on Friday. The stock’s 50 day moving average price is $215.40 and its 200-day moving average price is $206.87. Vanguard Mega Cap ETF has a one year low of $169.24 and a one year high of $220.49. The stock has a market cap of $6.24 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02.

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.