Physician Wealth Advisors Inc. Sells 41,185 Shares of Vanguard Mega Cap ETF $MGC

Physician Wealth Advisors Inc. reduced its position in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 92.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,586 shares of the company’s stock after selling 41,185 shares during the period. Physician Wealth Advisors Inc.’s holdings in Vanguard Mega Cap ETF were worth $1,012,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE grew its position in shares of Vanguard Mega Cap ETF by 0.4% during the 1st quarter. Bank of America Corp DE now owns 1,561,792 shares of the company’s stock valued at $369,130,000 after acquiring an additional 5,869 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of Vanguard Mega Cap ETF by 0.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 437,692 shares of the company’s stock worth $103,449,000 after purchasing an additional 4,105 shares in the last quarter. Investment Planning Advisors Inc. increased its stake in shares of Vanguard Mega Cap ETF by 11.5% in the 1st quarter. Investment Planning Advisors Inc. now owns 151,958 shares of the company’s stock worth $35,915,000 after purchasing an additional 15,704 shares in the last quarter. Praetorian Wealth Management Inc. increased its stake in shares of Vanguard Mega Cap ETF by 2.0% in the 3rd quarter. Praetorian Wealth Management Inc. now owns 96,458 shares of the company’s stock worth $27,231,000 after purchasing an additional 1,860 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in Vanguard Mega Cap ETF by 4.3% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 89,419 shares of the company’s stock worth $21,134,000 after purchasing an additional 3,661 shares during the period.

Vanguard Mega Cap ETF Stock Performance

NYSEARCA:MGC opened at $283.14 on Wednesday. The stock has a 50-day simple moving average of $282.93 and a two-hundred day simple moving average of $273.86. Vanguard Mega Cap ETF has a 52-week low of $228.37 and a 52-week high of $289.10. The firm has a market capitalization of $10.31 billion, a PE ratio of 26.06 and a beta of 1.01.

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.