Prime Capital Investment Advisors LLC Sells 220 Shares of Vanguard Mega Cap ETF $MGC

Prime Capital Investment Advisors LLC cut its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 1.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,560 shares of the company’s stock after selling 220 shares during the period. Prime Capital Investment Advisors LLC owned approximately 0.06% of Vanguard Mega Cap ETF worth $4,175,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Segment Wealth Management LLC lifted its position in shares of Vanguard Mega Cap ETF by 9.1% in the second quarter. Segment Wealth Management LLC now owns 26,448 shares of the company’s stock worth $5,949,000 after buying an additional 2,203 shares during the last quarter. Ascent Group LLC grew its holdings in Vanguard Mega Cap ETF by 48.5% during the second quarter. Ascent Group LLC now owns 101,899 shares of the company’s stock valued at $22,919,000 after purchasing an additional 33,284 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in Vanguard Mega Cap ETF by 2.8% during the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 72,709 shares of the company’s stock valued at $16,354,000 after purchasing an additional 1,992 shares during the last quarter. Triad Wealth Partners LLC grew its holdings in Vanguard Mega Cap ETF by 99.0% during the second quarter. Triad Wealth Partners LLC now owns 31,366 shares of the company’s stock valued at $7,055,000 after purchasing an additional 15,605 shares during the last quarter. Finally, Truist Financial Corp grew its holdings in Vanguard Mega Cap ETF by 5.8% during the second quarter. Truist Financial Corp now owns 190,959 shares of the company’s stock valued at $42,951,000 after purchasing an additional 10,471 shares during the last quarter.

Vanguard Mega Cap ETF Trading Up 0.5%

NYSEARCA MGC opened at $246.20 on Tuesday. The company has a fifty day simple moving average of $237.12 and a 200 day simple moving average of $220.04. The company has a market cap of $8.28 billion, a P/E ratio of 26.06 and a beta of 1.00. Vanguard Mega Cap ETF has a 1 year low of $173.32 and a 1 year high of $246.49.

Vanguard Mega Cap ETF 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.