Sanctuary Advisors LLC Sells 49,357 Shares of Vanguard Mega Cap ETF $MGC

Sanctuary Advisors LLC lessened its holdings in Vanguard Mega Cap ETF (NYSEARCA:MGC) by 68.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,939 shares of the company’s stock after selling 49,357 shares during the quarter. Sanctuary Advisors LLC owned 0.06% of Vanguard Mega Cap ETF worth $5,422,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. International Assets Investment Management LLC acquired a new position in shares of Vanguard Mega Cap ETF during the 1st quarter worth $27,000. Winch Advisory Services LLC acquired a new stake in Vanguard Mega Cap ETF in the first quarter valued at about $34,000. Blue Trust Inc. acquired a new stake in Vanguard Mega Cap ETF in the fourth quarter valued at about $48,000. Garton & Associates Financial Advisors LLC bought a new position in Vanguard Mega Cap ETF in the fourth quarter valued at about $48,000. Finally, SHP Wealth Management bought a new position in Vanguard Mega Cap ETF in the fourth quarter valued at about $68,000.

Vanguard Mega Cap ETF Trading Down 1.1%

Shares of NYSEARCA MGC opened at $272.04 on Friday. The company has a market cap of $9.95 billion, a price-to-earnings ratio of 26.06 and a beta of 1.01. Vanguard Mega Cap ETF has a 12 month low of $225.44 and a 12 month high of $280.10. The stock has a 50-day moving average price of $273.50 and a two-hundred day moving average price of $258.36.

Vanguard Mega Cap ETF Company 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.