Ameritas Advisory Services LLC Trims Stock Holdings in Vanguard Mega Cap ETF $MGC

Ameritas Advisory Services LLC trimmed its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 41.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,295 shares of the company’s stock after selling 2,333 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Vanguard Mega Cap ETF were worth $741,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of MGC. Buttonwood Financial Group LLC raised its holdings in shares of Vanguard Mega Cap ETF by 162.2% in the first quarter. Buttonwood Financial Group LLC now owns 46,843 shares of the company’s stock worth $8,892,000 after buying an additional 28,976 shares during the period. Miracle Mile Advisors LLC purchased a new stake in shares of Vanguard Mega Cap ETF in the first quarter worth approximately $240,000. Capital Investment Advisors LLC raised its holdings in shares of Vanguard Mega Cap ETF by 9.6% in the first quarter. Capital Investment Advisors LLC now owns 70,001 shares of the company’s stock worth $14,097,000 after buying an additional 6,135 shares during the period. Farther Finance Advisors LLC purchased a new position in Vanguard Mega Cap ETF during the 1st quarter worth $922,000. Finally, Accurate Wealth Management LLC increased its holdings in Vanguard Mega Cap ETF by 4.9% during the 1st quarter. Accurate Wealth Management LLC now owns 1,809 shares of the company’s stock worth $350,000 after purchasing an additional 85 shares during the period.

Vanguard Mega Cap ETF Stock Down 0.1%

MGC opened at $245.08 on Monday. The stock’s fifty day moving average is $236.83 and its two-hundred day moving average is $219.74. The company has a market capitalization of $8.24 billion, a P/E ratio of 26.06 and a beta of 1.00. Vanguard Mega Cap ETF has a 52 week low of $173.32 and a 52 week high of $246.31.

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.