Lido Advisors LLC trimmed its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC – Free Report) by 23.9% in the 4th quarter, Holdings Channel reports. The fund owned 7,458 shares of the company’s stock after selling 2,341 shares during the quarter. Lido Advisors LLC’s holdings in Vanguard Mega Cap ETF were worth $1,866,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds also recently modified their holdings of MGC. Blue Trust Inc. bought a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at approximately $48,000. GGM Financials LLC bought a new stake in shares of Vanguard Mega Cap ETF in the third quarter valued at approximately $77,000. Entrust Financial LLC bought a new stake in shares of Vanguard Mega Cap ETF in the fourth quarter valued at approximately $102,000. Sound Income Strategies LLC boosted its position in shares of Vanguard Mega Cap ETF by 816.0% in the fourth quarter. Sound Income Strategies LLC now owns 458 shares of the company’s stock valued at $116,000 after acquiring an additional 408 shares during the period. Finally, FNY Investment Advisers LLC bought a new stake in shares of Vanguard Mega Cap ETF in the third quarter valued at approximately $122,000.
Vanguard Mega Cap ETF Trading Up 0.4%
MGC opened at $271.67 on Tuesday. Vanguard Mega Cap ETF has a 1-year low of $215.45 and a 1-year high of $280.10. The stock has a market capitalization of $9.73 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. The business has a 50 day moving average of $261.71 and a 200-day moving average of $253.81.
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.
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Want to see what other hedge funds are holding MGC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mega Cap ETF (NYSEARCA:MGC – Free Report).
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