Verus Financial Partners Inc. Sells 4,246 Shares of Vanguard Mega Cap ETF $MGC

Verus Financial Partners Inc. cut its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 2.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 201,637 shares of the company’s stock after selling 4,246 shares during the quarter. Vanguard Mega Cap ETF comprises about 4.7% of Verus Financial Partners Inc.’s holdings, making the stock its 6th largest position. Verus Financial Partners Inc. owned 0.51% of Vanguard Mega Cap ETF worth $51,163,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Collier Financial acquired a new stake in Vanguard Mega Cap ETF during the 3rd quarter worth about $37,000. Blue Trust Inc. acquired a new stake in Vanguard Mega Cap ETF during the fourth quarter worth approximately $48,000. Howe & Rusling Inc. acquired a new stake in Vanguard Mega Cap ETF during the third quarter worth approximately $60,000. Bfsg LLC increased its holdings in Vanguard Mega Cap ETF by 1,165.0% in the third quarter. Bfsg LLC now owns 253 shares of the company’s stock worth $62,000 after purchasing an additional 233 shares in the last quarter. Finally, GGM Financials LLC bought a new stake in Vanguard Mega Cap ETF in the third quarter worth approximately $77,000.

Vanguard Mega Cap ETF Stock Performance

Vanguard Mega Cap ETF stock opened at $262.72 on Friday. The stock has a market capitalization of $9.41 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 52-week low of $200.84 and a 52-week high of $263.17. The stock’s 50 day moving average price is $247.39 and its two-hundred day moving average price is $249.27.

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.