Davidson Investment Advisors Cuts Position in Vanguard Mega Cap ETF $MGC

Davidson Investment Advisors trimmed its position in shares of Vanguard Mega Cap ETF (NYSEARCA:MGC) by 9.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 986 shares of the company’s stock after selling 105 shares during the period. Davidson Investment Advisors’ holdings in Vanguard Mega Cap ETF were worth $222,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC boosted its holdings in Vanguard Mega Cap ETF by 105.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 79,888 shares of the company’s stock valued at $16,088,000 after purchasing an additional 41,050 shares in the last quarter. Dynamic Advisor Solutions LLC acquired a new position in Vanguard Mega Cap ETF in the first quarter valued at approximately $323,000. Prosperity Wealth Management Inc. boosted its holdings in 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 valued at $229,000 after purchasing an additional 63 shares in the last quarter. Colorado Capital Management Inc. boosted its holdings in Vanguard Mega Cap ETF by 17.6% in the first quarter. Colorado Capital Management Inc. now owns 41,168 shares of the company’s stock valued at $8,290,000 after purchasing an additional 6,154 shares in the last quarter. Finally, Heartwood Wealth Advisors LLC boosted its holdings in Vanguard Mega Cap ETF by 1.6% in the first quarter. Heartwood Wealth Advisors LLC now owns 10,572 shares of the company’s stock valued at $2,129,000 after purchasing an additional 171 shares in the last quarter.

Vanguard Mega Cap ETF Stock Up 0.5%

Shares of MGC opened at $243.95 on Thursday. The stock has a 50 day moving average price of $239.13 and a 200 day moving average price of $221.69. The company has a market capitalization of $8.55 billion, a price-to-earnings 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 $247.39.

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.