Oakworth Capital Inc. Sells 430 Shares of Vanguard Mega Cap ETF (NYSEARCA:MGC)

Oakworth Capital Inc. reduced its holdings in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 34.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 817 shares of the company’s stock after selling 430 shares during the period. Oakworth Capital Inc.’s holdings in Vanguard Mega Cap ETF were worth $161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of MGC. International Assets Investment Management LLC raised its stake in shares of Vanguard Mega Cap ETF by 16,858.6% in the fourth quarter. International Assets Investment Management LLC now owns 61,051 shares of the company’s stock worth $10,335,000 after purchasing an additional 60,691 shares during the last quarter. Cerity Partners LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the 4th quarter valued at $1,802,000. Sfmg LLC acquired a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter worth $220,000. Key Financial Inc purchased a new position in shares of Vanguard Mega Cap ETF during the fourth quarter worth $29,000. Finally, HF Advisory Group LLC lifted its position in Vanguard Mega Cap ETF by 3.7% during the fourth quarter. HF Advisory Group LLC now owns 13,970 shares of the company’s stock valued at $2,365,000 after purchasing an additional 503 shares during the period.

Vanguard Mega Cap ETF Price Performance

NYSEARCA:MGC traded up $0.40 during mid-day trading on Friday, hitting $200.12. The company’s stock had a trading volume of 47,866 shares, compared to its average volume of 81,317. The business’s fifty day moving average is $197.32 and its two-hundred day moving average is $188.62. The stock has a market cap of $5.77 billion, a price-to-earnings ratio of 26.93 and a beta of 1.02. Vanguard Mega Cap ETF has a 1 year low of $145.94 and a 1 year high of $204.72.

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.