Berkshire Money Management Inc. Cuts Stock Holdings in Vanguard Mega Cap ETF $MGC

Berkshire Money Management Inc. decreased its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 98.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 533 shares of the company’s stock after selling 48,363 shares during the quarter. Berkshire Money Management Inc.’s holdings in Vanguard Mega Cap ETF were worth $120,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. TrueWealth Advisors LLC raised its position in Vanguard Mega Cap ETF by 1.1% during the 2nd quarter. TrueWealth Advisors LLC now owns 4,473 shares of the company’s stock worth $1,006,000 after buying an additional 49 shares during the last quarter. Fifth Third Securities Inc. raised its stake in shares of Vanguard Mega Cap ETF by 1.6% during the first quarter. Fifth Third Securities Inc. now owns 3,715 shares of the company’s stock valued at $748,000 after purchasing an additional 60 shares during the period. Prosperity Wealth Management Inc. increased its stake in shares of Vanguard Mega Cap ETF by 5.9% in the first quarter. Prosperity Wealth Management Inc. now owns 1,137 shares of the company’s stock worth $229,000 after buying an additional 63 shares during the last quarter. ZEGA Investments LLC increased its stake in Vanguard Mega Cap ETF by 4.9% during the first quarter. ZEGA Investments LLC now owns 1,432 shares of the company’s stock valued at $288,000 after purchasing an additional 67 shares during the last quarter. Finally, Fiduciary Advisors Inc. boosted its holdings in shares of Vanguard Mega Cap ETF by 0.3% during the first quarter. Fiduciary Advisors Inc. now owns 23,431 shares of the company’s stock valued at $4,719,000 after acquiring an additional 70 shares during the period.

Vanguard Mega Cap ETF Stock Down 0.1%

MGC stock opened at $245.08 on Monday. Vanguard Mega Cap ETF has a fifty-two week low of $173.32 and a fifty-two week high of $246.31. The company has a market capitalization of $8.24 billion, a P/E ratio of 26.06 and a beta of 1.00. The company has a 50-day simple moving average of $236.83 and a 200 day simple moving average of $219.74.

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.